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.

Progress Software (PRGS) delivered earnings and revenue surprises of 14.12% and 5.37%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

Progress Software (PRGS) Tops Q1 Earnings and Revenue Estimates

Revenue and Earnings Per Share Exceed Guidance Ranges  Full Year Guidance Increased for Revenue and Earnings Per Share

Progress Announces First Quarter 2022 Financial Results

New connectors provide real-time access to Foursquare, Google Calendar, Twitter, WordPress, YouTube, Zoom and more to help organizations bridge the data gap for analytics-driven effectiveness

Progress Releases 35+ New DataDirect Connectors for Strategic Decision-Making

BEDFORD, Mass., March 16, 2022 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that it will release financial results for its fiscal first quarter after the market close on Tuesday, March 29, 2022. The company's fiscal first quarter ended on February 28, 2022.

Progress Software to Report First Quarter Financial Results on March 29, 2022

Progress empowers organizations in Sweden, Finland, Denmark and Norway to manage their businesses safely and securely with MOVEit and WhatsUp Gold

Progress Expands Partnership with Ingram Micro to Strengthen Application Experience in the Nordics

Company Evaluation Based on Its Completeness of Vision and Ability to Execute

Progress Recognized by Gartner® in the 2022 Magic Quadrant™ for Digital Experience Platforms

German MSP Bechtle IT System House Bonn/Cologne leverages the powerful REST API of Progress WhatsUp Gold monitoring software to automatically detect new devices and improve the efficiency, security and performance of client networks

Bechtle Increases Network Visibility and Security of Client Devices with Progress

The Progress Women in STEM Scholarship Series supports a new global generation of extraordinary women leaders in science, technology, engineering and mathematics

Progress Grants Its First Women in STEM Scholarship in India and Opens U.S. Scholarship Application Process

Progress Software should be able to outperform most tech stocks due to its value orientation.

Progress Software: Lean In To This Stock For Value

Progress Software's (PRGS) fourth-quarter fiscal 2021 results benefit from momentum in core products, namely, DataDirect, DevTools and Chef.

Progress Software (PRGS) Q4 Earnings & Revenues Top Estimates

In addition to the most comprehensive UI libraries for .NET and JavaScript frameworks in the world, the new Progress Developer Tools release brings to bear 50+ new components and day-one support for .NET 6, Visual Studio 2022 and Angular 13

Progress Delivers Next-Level Developer Productivity with the Largest Suites of Native Components for Blazor, Angular and React

Progress Software Corporation (PRGS) CEO Yogesh Gupta on Q4 2021 Results - Earnings Call Transcript

Progress Software (PRGS) delivered earnings and revenue surprises of 24.32% and 5.59%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

Progress Software (PRGS) Tops Q4 Earnings and Revenue Estimates

Q4 and FY21 Revenue and EPS Significantly Ahead of Guidance Integration of Kemp On Target as Acquisition Drives Projected Fiscal 2022 Revenue Growth

Progress Reports 2021 Fiscal Fourth Quarter and Year End Results

City monitors over 200 infrastructure devices more effectively and recoups hours in lost productivity with Progress WhatsUp Gold

The City of Pleasanton Chooses Progress for Enterprise-Grade Network Monitoring with Integrated Log Management

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.

Analysts Estimate Progress Software (PRGS) to Report a Decline in Earnings: What to Look Out for

BEDFORD, Mass., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact applications, today announced that it will release financial results for its fiscal fourth quarter and fiscal 2021 after the market close on Tuesday, January 18, 2022. The company's fiscal fourth quarter ended on November 30, 2021.

Progress Software to Report Financial Results for Fiscal Fourth Quarter and Fiscal 2021 on January 18, 2022

Developers can now easily debug apps through HTTP/2 traffic connection and boost app performance

Progress Announces Support for HTTP/2 in Fiddler Everywhere 3.0

AUSTIN, Texas--(BUSINESS WIRE)--FileCloud, a leading, hyper-secure content collaboration platform used by enterprise organizations around the world, today announced that it has raised a $30 million Series A led by Savant Growth Fund I LP with participation from Kennet Partners. In addition, the company raised a $10 million growth capital facility with Avidbank. The investment will support the company's continued innovation and rapid market expansion, both domestically and throughout internation

FileCloud Closes $30M Series A Led by Savant Growth to Address Growing Demand for Enterprise Security, Compliance and Workflow Automation

Progress MOVEit enables county to reduce silos, streamline secure file transfer, and ensure data is trackable, secure and compliant Progress MOVEit enables county to reduce silos, streamline secure file transfer, and ensure data is trackable, secure and compliant

Milwaukee County, Wisconsin Standardizes Data File Transfer and Boosts Technological Efficiency with Progress

MassTLC recognizes the region's top tech companies and leaders who have made a big impact during the past year

Progress Wins 2021 Top Tech Awards for Its Culture, Inclusivity, Social Responsibility and Leadership

BEDFORD, Mass., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact applications, today announced the completion of the acquisition of Kemp, the always-on application experience (AX) company that helps enterprises deliver, optimize and secure applications and networks across any cloud or hybrid environment. Progress announced the proposed acquisition on September 23, 2021.

Progress Completes Acquisition of Kemp

Progress Corticon.js empowers Progress longtime customer Build.One to integrate complex business rules without any coding Progress Corticon.js empowers Progress longtime customer Build.One to integrate complex business rules without any coding

International Low-Code/No-Code Leader Cuts Development Time by 90% with Progress Corticon

New release offers improved support for Web Content Accessibility Guidelines (WCAG) compliance

Progress Releases MOVEit 2021.1 with Improved Levels of Accessibility, Resilience, Scalability and Usability

New release of secure troubleshooting solution enables support teams to capture and resolve end-user issues in half the time New release of secure troubleshooting solution enables support teams to capture and resolve end-user issues in half the time

News for Progress Software Stock (PRGS)