Procore Announces Strong Second Quarter 2021 Financial Results

(2) Includes amortization of acquired intangible assets as follows:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2020

 

 

2021

 

 

2020

 

 

2021

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

Cost of revenue

 

$

761

 

 

$

1,086

 

 

$

1,522

 

 

$

2,172

 

Sales and marketing

 

 

404

 

 

 

466

 

 

 

808

 

 

 

945

 

Research and development

 

 

183

 

 

 

680

 

 

 

305

 

 

 

863

 

Total amortization of acquired intangible assets

 

$

1,348

 

 

$

2,232

 

 

$

2,635

 

 

$

3,980

 


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