Progress Software

Progress Software Corp. is a global software company, which engages in the provision of products that develop and deploy mission-critical business applications. Its products and solutions include OpenEdge, Developer Tools, Sitefinity, Corticon, DataDirect Connect, MOVEit, Chef, WhatsUp Gold, Kemp Loadmaster, and Kemp Flowmon Network Visibility. The company was founded by Joseph Wright Alsop, Clyde Kessel, and Charles Arthur Ziering in 1981 and is headquartered in Burlington, MA.

Earnings data Q1 2021

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Earnings data Q4 2024

Progress Software reports strong Q4 performance and eyes growth opportunities

Progress Software's Q4 performance reflects growth and stability, with a positive outlook for FY '23, driven by high retention rates and strategic acquisitions.
Challenges include managing expenses, addressing seasonality concerns, and optimizing cash flow amidst competitive market dynamics.
Opportunities lie in leveraging the pending MarkLogic acquisition, focusing on product innovation, and expanding revenue through strategic acquisitions.

Progress Software surpasses Q1 expectations and anticipates revenue growth

Progress Software's Q1 2023 earnings call highlighted strong performance, exceeding expectations, and positive outlook for fiscal year 2023. The company showcased robust product performance, high employee satisfaction levels, and successful integration of MarkLogic. Addressing challenges and uncertainties while capitalizing on growth opportunities were key themes discussed.

Progress Software surpasses Q2 estimates, raises full-year outlook

Progress Software's Q2 2023 performance exceeded expectations, driven by revenue growth, strong product offerings, and successful acquisitions. While facing inflationary pressures, the company remains focused on expense management and margin improvement. The outlook for the full year is optimistic, with a raised revenue forecast and ongoing commitment to customer security and success.

Progress Software surpasses Q3 targets, raises guidance amid strategic acquisitions

Progress Software's Q3 call highlighted exceptional performance, strategic acquisitions, and growth prospects.
While challenges like macro impacts and market conditions exist, the company's strengths and opportunities position it well for the future.
Investors can be optimistic about Progress Software's trajectory given its strong financials and forward-looking strategies.

Progress Software excels in Q4, eyes growth amidst challenges

Progress Software's Q4 performance exceeded expectations, driven by strong revenues and operational efficiency.
While facing challenges like a cyberattack and shifting subscription models, the company remains agile and focused on growth.
With a solid financial position and strategic opportunities ahead, Progress Software is poised for continued success in 2024.

Progress Software surpasses Q1 expectations, eyes MariaDB acquisition

Progress Software delivered strong Q1 results, exceeding revenue and margin expectations while showcasing solid cash flow generation and strategic initiatives.
The company's focus on customer relationships, operational efficiency, and innovation positions it well to capitalize on market opportunities and navigate potential challenges.
With a proactive approach to growth through potential acquisitions and AI-driven product offerings, Progress Software demonstrates resilience and adaptability in a dynamic market environment.

Progress Software Q2 2024: Strong Earnings, AI Focus

Progress Software's Q2 2024 earnings call demonstrated strong financial health and strategic foresight. With revenues and EPS exceeding expectations, and a raised outlook for the full year, the company is well-positioned to leverage its AI advancements and M&A strategy for continued growth. Recognition as a top workplace further solidifies its standing in the tech industry.

Progress Software reports strong Q3 earnings, acquires ShareFile for growth

Progress Software demonstrated solid financial performance in Q3 2024, with revenue and EPS growth, strong ARR, and a resilient balance sheet.
The acquisition of ShareFile is poised to significantly boost annual revenue, enhance market position, and drive long-term shareholder value.
While challenges like dividend suspension and integration exist, Progress Software's strategic focus on growth and M&A presents promising opportunities for expansion.
Investors should monitor the successful execution of the ShareFile acquisition and regulatory approvals as key indicators of future growth potential.

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Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. Its products and solutions include OpenEdge, Developer Tools, Sitefinity, Corticon, DataDirect Connect, MOVEit, Chef, WhatsUp Gold, Kemp Loadmaster, and Kemp Flowmon Network Visibility. The company was founded by Joseph Wright Alsop, Clyde Kessel, and Charles Arthur Ziering in 1981 and is headquartered in Burlington, MA.

Chef Acquisition Cooking Up Intriguing Growth Potential At Progress

Industry-leading collection of JavaScript UI components now includes the largest, most complete UI library for Angular developers

100 Native UI Components for Angular and 60+ New Enhancements Now Available in Latest Release of Progress Kendo UI

Progress Telerik R2 2021 provides new UI controls for WinUI, support for latest .NET preview  and new reporting capabilities

Progress Delivers the Industry's Largest UI Component Suite for Blazor with Latest Telerik Release

New release makes it easier than ever to securely share sensitive files across more systems

Progress Releases MOVEit 2021 with Advanced Security, Usability and Integration Capabilities

Company also recognized for Corporate Social Responsibility  and executive leadership by American Business Awards

Progress Named a Best Employer by Forbes and Boston Business Journal

Progress Software Corp (NASDAQ: PRGS) priced $325 million 1% Convertible Senior Notes due 2026 to raise $316.1 million in an upsized private institutional offering. The offering was upsized from the previous $300 million.

Progress Software Raises $316.1M Via Upsized Convertible Debt Offering

The Worthy Web is a six-week event with $40,000 in cash prizes The Worthy Web is a six-week event with $40,000 in cash prizes

Progress Global Hackathon Challenges Developers to Build Apps to Make the World a Better Place

Progress Telerik UI for WinUI empowers .NET developers to build next generation of Windows apps with latest Microsoft development framework

Progress Provides Day-Zero Support for WinUI 3

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Based on survey , Progress is recognized as one of 500 midsize employers that have adapted in the wake of the global pandemic to benefit employees and customers

Forbes Names Progress One of America's Best Midsize Employers for 2021

With a focus on inclusion, social justice and COVID-19 response, Progress continues to deliver on its commitment to the advancement of our people, communities and the world

Progress Publishes 2020 Corporate Social Responsibility Report

Progress Software's (PRGS) first-quarter fiscal 2021 results reflect strong top-line growth and expanding operating margin.

Progress Software (PRGS) Q1 Earnings Beat, Revenues Rise Y/Y

Progress Software Corporation (PRGS) CEO Yogesh Gupta on Q4 2020 Results - Earnings Call Transcript

Progress Software Corp. PRGS shares rose in the extended session Thursday after the business software company topped Wall Street estimates for the quarter. Progress shares rose 2.6% after hours, following a less than 0.1% decline in the regular session to close at $41.80.

Progress Software stock ticks higher as results top Street view

Shares of Progress Software (NASDAQ:PRGS) increased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 25.00% year over year to $0.95, which beat the estimate of $0.75.

Recap: Progress Software Q1 Earnings

Revenue and Earnings Per Share Exceed Guidance Ranges Full Year Guidance Increased for Revenue, Earnings Per Share and Free Cash Flow

Progress Announces First Quarter 2021 Financial Results

Progress Software (PRGS) Q1 results are expected to benefit from strong demand for solutions and acquisition of Chef.

Progress Software (PRGS) to Report Q1 Earnings: What's in Store?

Progress Software (PRGS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Progress Software (PRGS) Q1 Earnings Expected to Decline

With Progress Sitefinity, New England utility modernizes web presence and consolidates 65% of its content, making it easier for customers to find information quickly

Aquarion Water Company Taps Progress to Deliver Exceptional Digital Experience

BEDFORD, Mass., March 15, 2021 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced that it will release financial results for its fiscal first quarter, after the market close on Thursday, March 25, 2021. The company's fiscal first quarter ended on February 28, 2021.

Progress Software to Report First Quarter Financial Results on March 25, 2021

New release of Progress Sitefinity heightens stability, reliability and security and enables uninterrupted creation and management of enterprise-grade digital experiences

Progress Introduces Long-Term Support for Leading Digital Experience Platform

WhatsUp Gold enables Canadian healthcare organization to identify and solve network issues faster, and better allocate network resources for remote access by physicians and patients

Calgary Foothills PCN Ensures Network Quality During Pandemic with Progress

Quinn recognized for his exemplary leadership, influence, innovation and growth for the IT channel Quinn recognized for his exemplary leadership, influence, innovation and growth for the IT channel

CRN® Recognizes Progress Senior Vice President, Gary Quinn, as 2021 Channel Chief

New release of award-winning network monitoring software adds simple, integrated syslog and Windows log management – all within the same industry-leading interface

Progress Introduces Integrated Log Management in WhatsUp Gold 2021

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