“Customer sentiment remains consistent and positive,” CEO Tooey Courtemanche said during the webcast. “We have yet to see a change in buying behavior or customer demand.” The company benefited from large deals that were expected to close in the fourth quarter which closed in the third quarter. Nevertheless, Procore’s guidance for the fourth quarter was conservative because of economic uncertainty. The loss for the most recently ended quarter was $71.2 million, up 40 percent from $50.8 million a year earlier. Revenue of $186.4 million was up from slightly less than $132 million from last year’s corresponding period. Courtemanche said the different parts of the construction market do not respond the same to slow downs and Procore believes its business is diverse enough that “We do not anticipate excessive exposure to one particular.”  While customers are concerned on short-term events, he continued, but are very optimistic about the mid-term and long-term and have full backlogs. The biggest barrier to growth is a lack of workers. CFO Paul Lyandres said performance is “strong across all of our stakeholders.” Revenue for 2022 is expected to range from $707 million to $709 million, up 37 percent over 2021 and will include $30 million firm Levelset, the lien management company acquired a year ago.