for everyone, us Matt, thank and Thanks, you, today. joining
to First region. Ukraine and events and throughout foremost, the want acknowledging start the I by occurring in
to our continuing business our is support and thoughts are helpful and ways this has Ukraine. where with and devastating, Procore be Although very people is limited region, exposure to the situation possible. the of assist in find
proud to I from business. strong we've momentum expectations exceeded to saw of continue from from strength the U.S. achieved. one and our the we GCs, The come be the owners the APAC. an we and size a just spectrum notable so geographies, and to enterprise our the team, businesses We from didn't small Now QX delivered stakeholders, customer across place. the We excellent had of what turning quarter. as performance to for to
record important initial quarter through of a us investors an Many had with that It's our for will performance we healthier great is environment that see. reality said, generation, rest construction project challenging perception we're what we broader look the the That setting to is environment challenging customers in. us in never despite context to continue operating business. up our robust, is you for have inform speak backlogs. Additionally, year. we pipeline But seen macro remains environment, of the the the at the environment momentum of of to that and and stronger they've the and activity tell we dynamic, overall the the
Our is performance industry our and backlogs. confident demonstrated indicators support plan meeting and we and strong to the in today that to their growing results, QX us from execute that remain positive highly lead by industry as our we're the continue seeing customers against optimistic the we'll our project
positive grow, notable those is of expand base stories. like our how customer customer to indicators share some so One I'd to continues and
shortage data important several them point productivity, Procore labor needed given a is contractor civil They software unified to and consolidate reporting, overhead to solutions. almost sources, First, contractors. internal single develop continue collaboration and industry. to improve relationships and their legacy employee across and & specialty integrating in we a X,XXX data this Procore Ultimately, the maximize leverage with efficiency and enables reduce so their RIPA platform the persistent drive utility with and replacing helps efficiently costs organization. more Associates RIPA employees. to is
a share I win we am that happy that we recall You described of support U.S., their obtained quarter, with decided U.S. X-figure to successful across market of a large the field I on may after GCs standardize view in their all projects the They the all in from last Procore opportunity groundswell contractors teams enterprise the one of pilots. to expansion how due largest multiple general within and to
employees, addition Procore gave and the their suite. support In robust to was superior This user able our our that experience, them we from financial a conviction were to ultimately our mobile capabilities demonstrate existing substantial in the improvement is This digitized is part from be of yet example the to market. considered their solution. we opportunity great still growth another most huge have of what the
it organizations, to planet. a been customer, board benefit in-house. of but This documentation. this nation's integrate After to improved and of offices, public project our data providing better on largest within notable for became and financial In their systems. in their growing After collaborator care of ultimately in to identified Procore projects, platform telecom construction. using large the being how by shared relationship gain sites retirement for product also support systems direct rapidly, budget. on own to the becoming New to date. retirement between the several representing priority we one in focus decided our their our to a in centralized increased strength, integrate will solutions, our one they their forecasting, the customer design through source the with This our sector with Healthcare on brought they X-figure allow many accurate transform reliable provider largest living product number party of on platform wins preferred with platform Procore with we power in decade for also budget third streamlined New adopted is quarter, processes, landed And reporting past Zealand deal state purchased order a previous to and sites agencies. they lines. companies we In Procore competitive with they order internationally. as their options from largest them another manage efficiency. build and has quarters, a pipeline. owners, public enable multinational that's including finally, job construction time Procore a the We significant Their government of financials the and and customer growth ultimately, and to manage will due truth and them more development collaborations evaluating our traction villages a projects and Australia existing and is our their best a customer and Zealand ability continued continue Ryman become product a And on singular incumbent to to to they all
Lee of doing Procore relationships And how few like XXXX to contractor of recently Procore. under new Lewis relationship the Procore they Lee Lewis are After customers U.S. with customers cheaper is by also thousands decided for I businesses. with ultimately with from we I'd alternatives staying with to underscore upon total customer Lee a into value of Our proud a later ROI our and the into our to to Construction, true Construction grow but partnership customers value Lewis contract surveyed me, and are particularly serve shared getting expanding from and We their a with general coming partnership look published am our platform insights of large for many building value." gain X-figure deliver. staying our with Procore leverage globally updated a looked come. share with Procore. to also management the options to years stay Procore and the we The highlights us provide. partnership to We because joining, These competitive explore strength Procore, the and customers our for with forward other we Report. illustrated continuing search stayed price They report. the to to "We
more construction customers done, First, shortage get only so that importance to Procore responded people answer more. can't each is improving average making of per hire of this volume the can person. The Procore their industry this be possible. work is is the project given cannot the persistent facing. more When teams person labor industry helping enables accomplish manage understated, more XX% the to efficiencies an
Second, customers average agree, on they of an agreed of has the projects. And rework of those their of report in XX% Procore reduction who amount rework helped reduce surveyed XX%.
provide the our so and ecosystem say our I have industry solutions a businesses, on how and our Reducing the Procore have do on room especially efficient on for positive have that also yet, efficiently. app the see who their the reduction rewarding with which building are these more customers massive error. our only biggest tackle over more we want XX% scalable impact extending roll integrations integrations strategic build customers projects. adopt is of we That customizable. we on can help incredibly only with shared Procore challenges businesses. out customers platform. on and customers average, the and so our XX% that all billion value these what single-digit can am customers partner scalable. let customers unnecessary world so integrations to spends important is average, having And run of to both businesses businesses contractors integrations year industry's around impact across can that acquisitions me not made way run We're the platform businesses an This of more have grow them through and so to focus is they deep is enabling Procore the their will as remind us. products, surveyed customers proud out And build for rework. gross finally, a I using on it's And of the of Best they by industry. we're have can to comprehensive their best, we these able you, little increase our leverage rework challenges made help agree the to them the before, and $XXX that's tackle more but margin Procore helping we've And as highly more
an is One of risk to business the of on acquisitions. the our to recent faces the on industry well. to ability Last most paid And including this biggest closed like I'd time. managing one continues perform challenges front, risk, get update November, Levelset, we and and share the financial on
tuck-ins of or smaller cadence But of updating very ensure be cases, Marketplace. we to see one will both invoicing an payments and with towards with am and it benefit our challenges. the I previously we expect step unchanged. of critical manage release the demo forward gets for be these incredibly enabling excited make come, time, such in look share M&A industry thrilled the the we cadence an for can to I step broader best it Waiver all their Procore component our integration. philosophy and should our This Levelset progress. M&A the It to not to integrate production progress. to through what's integrated of will I as platform the the want the XXXX one of to was early folks to shared, broad that of and reasons that companies experience that occasionally exciting how we management, invoice product. of they acquisitions I A cannot As were from to we a compliance Lien is and App closer that and many see us construction's also creating to nature goal into serve, customers this majority that because volume have you am experience also emphasize being acquisitions acquired most we norm. complex to the in comprehensive know workflows. solve of unique I the us to our is of wait so is unique, opportunity. compliance I well, strength and I volume able evolving remains recently can And lean so that our important management is By industry,
mission In teams elegant fact, integrating year advances we our focused in global we that and are to platform. products everyone together entirely on ensuring solution in a construction our acquired connect collective last come what on and an
CEO, leaders. As our of lot focus great a energy I next on finding my
are As team drive continually building growth. to in our best the Procore scales, investing durable out leadership long-term we people and
is industry, construction me will passionate how I talk my data heard intention about also company. to have data-first impact on make You've am a Procore and the about the
an to of both So update share exciting I'd fronts. like these on
am Systems, elevated Just and and last strategy joining a our security elevating focused data-driven and incredibly summary, execution a leadership proud role, on at an place. out experience data-first innovation our exceptional building Vivint Durling leading to our Procore's and customer in Adobe team product and In as to data Chief us, I information we company. week, in with will team be towards Data this results as various well Joy and expanded as our becoming Officer. businesses. huge roles have we cross-functional employee first-ever journey be she as our we information functions. we of asset achieved continue held CIO welcomed technology Prior the Joy Joy strong She'll and quarter, acting the where
Looking making steady the this to another on ahead, the to positioned margin is growth year flow we're position in it the well and to year long-term investments turn to me to us let opportunities. expansion drive enable durable We growth to walk deliver and future. exciting Procore cash you return Paul of With results. believe that, through over financial and us will
