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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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.

Integrated Microsoft Azure services enable Sitefinity Cloud users to develop, run and manage Sitefinity-powered digital experiences without the complexity of building and maintaining infrastructure Integrated Microsoft Azure services enable Sitefinity Cloud users to develop, run and manage Sitefinity-powered digital experiences without the complexity of building and maintaining infrastructure

Progress Expands Relationship with Microsoft to Deliver Faster, Easier Digital Experiences with Sitefinity

Cloud-first and business continuity focus, as well as developer productivity and security enhancements all available in Progress OpenEdge 12.2

Progress Announces New OpenEdge Release Supporting Application Evolution through Continuous Operations, Developer Productivity and Performance

900+ decision makers understand the imperatives of digital experience, yet the majority have cancelled or postponed projects; Progress identifies those triggers and how to overcome them

First-of-Its-Kind Industry Survey Identifies the Digital Experience Wants and Needs of  App Dev, Web and Business Leaders Worldwide

BEDFORD, Mass., April  15, 2020  (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of application development and deployment technologies, today announced that, in light of public health concerns related to the COVID-19 pandemic, its 2020 Annual Meeting of Stockholders (the "Annual Meeting") has been changed to a virtual meeting format.

Progress Software Corporation Announces Change to a Virtual-Only Format for its 2020 Annual Meeting of Stockholders

Report Offers Year in Review for Company Efforts Focused on Inclusion and Diversity, Charitable Giving and Volunteerism, as well as Environmental Sustainability

Progress Releases 2019 Corporate Social Responsibility Report

Annual Guide Recognizes IT Channel’s Top Partner Programs

Progress Recognized with 5-Star Rating in the 2020 CRN® Partner Program Guide

Progress Software Corporation (PRGS) CEO Yogesh Gupta on Q1 2020 Results - Earnings Call Transcript

Progress Software Corp. PRGS, +4.84% shares were down 2% in after-hours trading Thursday after the company reported fiscal first-quarter earnings that beat Wall Street estimates.

Progress Software shares dip on revenue shortfall

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.

Progress Software (PRGS) to Report Q1 Results: Wall Street Expects Earnings Growth

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Recognition based on Groleau’s ability to continually demonstrate exemplary leadership, influence, innovation and growth for the IT channel Recognition based on Groleau’s ability to continually demonstrate exemplary leadership, influence, innovation and growth for the IT channel

Joan Groleau, Senior Director, Global Partner Programs, Included for 4th Consecutive Year on CRN’s Channel Chiefs List

Is  (PRGS) Outperforming Other Computer and Technology Stocks This Year?

Has Progress Software (PRGS) Outpaced Other Computer and Technology Stocks This Year?

As of late, it has definitely been a great time to be an investor in Progress Software.

Will Progress Software Continue to Surge Higher?

Latest lineup of Telerik and Kendo UI developer tools adds new capabilities to speed development of modern, engaging applications, including significant new capabilities for Blazor apps Latest lineup of Telerik and Kendo UI developer tools adds new capabilities to speed development of modern, engaging applications, including significant new capabilities for Blazor apps

Progress Continues Leadership in Blazor Components with Latest Release of Telerik UI for Blazor

Does Progress Software (PRGS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Progress Software (PRGS) is a Great Momentum Stock to Buy

New partner program brings together Progress’ most successful channel initiatives into a single, cohesive program that will benefit partners and customers alike

Progress Launches Expansive Partner Program to Support Business Growth Through a Multi-Tier Engagement Strategy

On Tuesday, Progress Software got an upgrade for its IBD SmartSelect Composite Rating from 90 to 97. 
The post Progress Software Joins Elite List Of Stocks With 95-Plus Composite Rating appeared first on Investor's Business Daily.

Progress Software Joins Elite List Of Stocks With 95-Plus Composite Rating

Progress Software Corporation (PRGS) CEO Yogesh Gupta on Q4 2019 Results - Earnings Call Transcript

Progress Software Corp. PRGS, +5.04% shares rose in the extended session Thursday after the business software company's outlook topped Wall Street estimates.

Progress Software stock rallies as outlook tops Street view

BEDFORD, Mass., Jan.  16, 2020  (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced the upcoming retirement of its Chief Financial Officer, Paul Jalbert, and the appointment of Anthony Folger to succeed him. Jalbert, who joined Progress in August 2012 and has served as CFO since March 2017, will retire as CFO on January 31, 2020. 

Progress Software Chief Financial Officer Paul Jalbert to Retire; Former Carbonite CFO Anthony Folger To Be Appointed as New CFO

BEDFORD, Mass., Jan.  07, 2020  (GLOBE NEWSWIRE) --  Progress  (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced that Board of Directors members Sam King and Angela Tucci have been included in WomenInc. Magazine’s 2019 list of the Most Influential Corporate Directors. In addition, Loren Jarrett, General Manager, Developer Tooling, has been named a Silver Stevie® Awards for Women in Business winner in the category of Female Executive of the Year – Business Products -- 11 to 2,500 Employees.

Progress Congratulates Board Members Sam King and Angela Tucci, and General Manager Loren Jarrett, for their Recent Recognitions as Influential Women in Business and Technology

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20+ year veteran to spearhead culture development, talent acquisition and retention, change management and process effectiveness across global organization 20+ year veteran to spearhead culture development, talent acquisition and retention, change management and process effectiveness across global organization

Progress Announces the Appointment of Katie Kulikoski to the Role of Chief People Officer

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