PROCORE TECHNOLOGIES, INC. current report, 22 February 2022

Procore Technologies, Inc. - Form 8-K Summary

Business Context and Reporting Period

This Form 8-K, filed on February 22, 2022, by Procore Technologies, Inc. (PCOR), serves as a current report to announce the company's financial results for the three months and the fiscal year ended December 31, 2021. The detailed results are contained in the press release attached as Exhibit 99.1.

Key Financial Metrics

The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being detailed in the attached press release (Exhibit 99.1) rather than within the body of this 8-K document.

Material Changes

No specific material changes or comparative financial data versus prior periods are disclosed in the text of this filing. The document acts solely as a notification that the results have been issued.

Guidance, Outlook, and Risks

The filing does not contain management commentary, forward-looking guidance, risk factors, or details on contingencies. It explicitly states that the information in the attached exhibit shall not be deemed "filed" for purposes of Section 18 of the Exchange Act.

Investor Verification Checklist

  • Review Exhibit 99.1 (Press Release dated February 22, 2022) for actual revenue, net income, and cash flow figures.
  • Verify year-over-year growth rates and margin trends in the attached press release.
  • Check for any updated fiscal year guidance provided in the press release.
  • Confirm the company's status as an emerging growth company and its election regarding extended transition periods for accounting standards.