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.

Acquisition aligns with strategy for accretive acquisition and extends product offerings in DevOps and DevSecOps with market-leading infrastructure automation

Progress Announces Acquisition of Chef

2020 edition to be virtual and feature some of the biggest names in the Blazor, React, Xamarin and Angular communities

Progress Announces the 12th Edition of Its Premier Developer Conference, DevReach  

Electrical products distributor leverages Progress Sitefinity to launch a more modern, award-winning ecommerce website

State Electric Supply Co. Drives Customer Engagement and Increases Conversions by 120% with Progress

Sigma’s network of 850+ reseller in the UK now have access to Progress DataDirect connectivity products for their customers’ analytics, integration and data management needs Sigma’s network of 850+ reseller in the UK now have access to Progress DataDirect connectivity products for their customers’ analytics, integration and data management needs

Progress and Sigma Software Distribution Partner to Help Companies Harness the Power of Data

New Progress DataDirect connectors provide holistic view of back-office systems for better cross-department enablement and automation

Progress Releases New DataDirect Connectors for Finance, HR, Supply Chain and Operations

Based on a comparison of Progress Software’s stock trajectory over recent months with that around the 2008 recession, we believe that the stock can potentially gain 10% once fears surrounding the coronavirus outbreak are abated to reach $40, from current levels of $36.The stock lost more than 30%.

What’s Happening With Progress Software Stock?

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CEO Yogesh Gupta, founding signatory,  member of the  Executive Diversity and Inclusion Steering Committee and Co-Chair of the MassTLC Board of Trustees spearheads initiative to drive social justice in Massachusetts

Progress Announces Participation in Tech Compact for Social Justice

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Progress Software (PRGS) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Progress Software (PRGS) is an Incredible Growth Stock: 3 Reasons Why

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Serverless business rules easily integrate into critical JavaScript applications for low cost, low maintenance, elastic backend deployment

Progress Releases Corticon.js for Codeless Automated Digital Decision Making

Based on user feedback, Progress WhatsUp Gold  ranked first in usability and intuitiveness, ease of implementation and customization

Progress Awarded 2020 Emotional Footprint Award for Network Monitoring

Progress Software (PRGS) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Progress Software (PRGS) Is a Great Growth Stock

Progress Software Corporation (PRGS) CEO Yogesh Gupta on Q2 2020 Results - Earnings Call Transcript

Progress Software (PRGS) delivered earnings and revenue surprises of -1.56% and 4.28%, respectively, for the quarter ended May 2020. Do the numbers hold clues to what lies ahead for the stock?

Progress Software (PRGS) Lags Q2 Earnings Estimates

Progress Software Corp. PRGS, +3.05% shares rose in the extended session Thursday after the cloud-based software company hiked its outlook for the year even as earnings fell short of Wall Street estimates.

Progress Software stock gains on raised outlook

Increases 2020 Guidance for Revenue and Earnings Per Share

Progress 2020 Second Quarter Revenue Exceeds Guidance

Kaya Dorogi of Marlborough, MA, and graduate of the Bancroft School is first to receive $10,000 four-year renewable scholarship to study computer science at Columbia University

Progress Announces Recipient of First Annual Mary Székely Scholarship for Women in STEM

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Leader in data connectivity enables unified view of DevOps, improving the software development lifecycle for enterprises

Progress Breaks Down DevOps Barriers with DataDirect

Panel, including SVP of Corporate Development, Jeremy Segal, to provide practical insights on growth and exit strategies

Progress to Present at World Financial Symposiums’ Growth and Exit Strategies for Software and IT Companies Conference

Based on user feedback, Progress MOVEit ranked first in breadth of features, usability and intuitiveness

Progress Awarded 2020 SoftwareReviews Gold Medal for Managed File Transfer

New release introduces free enhanced  mobile app and eases scaling and integration

Progress MOVEit 2020 Improves Secure File Transfer for Remote Workforces and Provides Native Support for Hybrid Cloud Architectures

Thirteen winners worldwide recognized for their excellence in design, user experience and innovation

News for Progress Software Stock (PRGS)