HOUSTON (AP) _ Pros Holdings Inc. (PRO) on Tuesday reported a loss of $22 million in its first quarter.

The Houston-based company said it had a loss of 50 cents per share. Losses, adjusted for stock option expense and pretax expenses, came to 22 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.

The pricing and revenue-management software maker posted revenue of $61.4 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $60.3 million.

For the current quarter ending in July, Pros Holdings expects its results to range from a loss of 23 cents per share to a loss of 21 cents per share.

The company said it expects revenue in the range of $61 million to $62 million for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $62.2 million.

Pros Holdings expects full-year revenue in the range of $250.5 million to $253.5 million.

Pros Holdings shares have dropped 19% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $40.95, a rise of 22% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRO at https://www.zacks.com/ap/PRO

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