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.

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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.

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New 2021 release provides developers with 24+ new components, even more advanced capabilities and support for Angular 11 and React 17

Progress Releases New Kendo UI Native Components for Angular, React, Vue and jQuery

Progress Telerik releases 26 new components and enhanced Telerik Reporting capabilities such as support for .NET 5 Official and a next-level report engine

Progress Leads the Market with the Richest Truly Native Blazor UI Component Suite in the Industry

Progress developer tools—Telerik and Kendo UI—awarded top ratings for excellence in software tools by end users

Progress Wins 2021 TrustRadius Awards for Software Components

Shares of application software company Progress Software Corp. (NASDAQ:PRGS) are down nearly 10% following the release of its fourth-quarter results. The Bedford, Massachusetts-based company announced earnings and revenue that topped estimates after the closing bell on Thursday.

Should You Buy Progress Software After Pullback?

Progress Software (PRGS) fourth-quarter 2020 results reflect strong sales of OpenEdge and DCI products.

Progress Software (PRGS) Q4 Earnings Beat, Revenues Rise Y/Y

Progress Software (PRGS) delivered earnings and revenue surprises of 18.18% and 1.47%, respectively, for the quarter ended November 2020. Do the numbers hold clues to what lies ahead for the stock?

Progress Software (PRGS) Surpasses Q4 Earnings and Revenue Estimates

Shares of Progress Software (NASDAQ:PRGS) fell 2.8% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 15.19% over the past year to $0.91, which beat the estimate of $0.77.

Progress Software: Q4 Earnings Insights

Solid Execution Drove Growth and Operating Leverage Acquisition of Chef Bolsters Position in DevOps Market and Drives Fiscal 2021 Revenue Growth

Progress Reports 2020 Fiscal Fourth Quarter and Year End Results

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Designed to empower the next generation of extraordinary women leaders in science, technology, engineering and mathematics, the application process is now open through March 5, 2021

Progress Announces Second Annual Mary Székely Scholarship for Women in STEM

Progress Software (PRGS) Q4 results are expected to benefit from strong demand for OpenEdge and DataDirect solutions.

Progress Software (PRGS) to Report Q4 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) Q4 Earnings Expected to Decline

With Progress Sitefinity Cloud, Ireland's leading brokerage quadrupled its account openings through customer-centric digital transformation efforts

Goodbody Boosts Marketing Agility with Progress

BEDFORD, Mass., Jan. 04, 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 fourth quarter and fiscal 2020, after the market close on Thursday, January 14, 2021. The company's fiscal fourth quarter ended on November 30, 2020.

Progress Software to Report Financial Results for Fiscal Fourth Quarter and Fiscal 2020 on January 14, 2021

Partners and Resellers in Iberia Now Have Full Availability of Progress MOVEit and WhatsUp Gold IT Management Solutions through Ingram Micro

Progress and Ingram Micro Strengthen Alliance to Bring IT Management to Iberia

BEDFORD, Mass., Dec. 09, 2020 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced that CEO Yogesh Gupta has been named Co-Chair of the MassTLC Board of Trustees. Gupta will serve a two-year term initially alongside Vecna Technologies Co-Founder and current MassTLC Co-Chair Debbie Theobald, whose term ends in 2021.

Progress CEO Yogesh Gupta Elected Co-Chair of MassTLC Board of Trustees

The Royal British Legion successfully raises awareness , increases engagement and maximizes web efficiencies with Progress Sitefinity

Largest Armed Forces Charity in the UK Improves Digital Experience with Progress

Leading .NET test automation platform features redesigned Test Recorder UI, improved user experience and extended support for Microsoft Blazor applications

Progress Accelerates Test Automation and Delivers Unparalleled Productivity Optimizations with New Release of Test Studio

Webinar series to focus on the state of .NET and the future of desktop app dev, and will help attendees start building new apps on.NET immediately after attending

Progress and Microsoft to Discuss .NET 5

New Chef Infrastructure Management, Chef App Delivery, Chef Premium Content and ‘Learn Chef' skills validation program makes portfolio easier to adopt and scale for both new and experienced users

Progress Optimizes Chef Portfolio Delivery to Accelerate Global DevSecOps

Award-winning WhatsUp Gold enables district's IT team to actively monitor devices that support 2,500 students, faculty and staff, and the 600GB of daily network traffic they generate

Pennsylvania School District Shifts to Remote Learning with Progress WhatsUp Gold

New connectors for CRM, marketing automation and marketing analytics bridge the data gap for insight-driven marketing effectiveness

Progress Releases New DataDirect Connectors for the Martech Stack

We believe that Progress Software stock has an upside potential of 11% post pandemic, as business IT spending recovers to pre-corona levels.Progress Software, provider of solutions for developing and deploying business applications, trades near $40 currently and it has lost 3% in value year-to-date.

Progress Software Stock Still Has Some Upside

New web-based application increases data throughput speed by 3x and provides new levels of security and scalability

News for Progress Software Stock (PRGS)