Benzinga | Aug 5, 2021 05:47PM EDT

Procore Sees Q3 Sales $125M-$127M vs $123.43M Est.; Sees FY21 Sales $496M-$499M vs $488.74M Est.

Third Quarter and Full Year 2021 Outlook:

Procore is providing the following guidance for the third quarter and full year 2021:

* Third Quarter 2021 Outlook: Revenue is expected to be in the range of $125 million to $127 million. Non-GAAP operating margin is expected to be in the range of (7%) to (8%).

* Full Year 2021 Outlook: Revenue is expected to be in the range of $496 million to $499 million. Non-GAAP operating margin is expected to be in the range of (6%) to (7%).