BURLINGTON, Mass., Jan. 23, 2025 (GLOBE NEWSWIRE) -- New offering empowers enterprises to simplify data operations and enhance AI capabilities in the cloud Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced the launch of Progress® Data Cloud℠, a managed Data Platform as a Service designed to simplify enterprise data and artificial intelligence (AI) operations in the cloud. With Progress Data Cloud, customers can accelerate their digit ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Progress Software Corporation (NASDAQ:PRGS) Q4 2024 Earnings Conference Call January 21, 2025 5:00 PM ET Company Participants Michael Micciche - SVP, IR Yogesh Gupta - President and CEO Anthony Folger - CFO Conference Call Participants Fatima Boolani - Citi John DiFucci - Guggenheim Securities Ittai Kidron - Oppenheimer Bo Yin - Jefferies Pinjalim Bora - JPMorgan Operator Good day, and welcome to the Progress Software Corporation Q4 2024 Earnings Call. [Operator Instructions] Please be advised that today's ...

Progress Software (PRGS) reported $214.96 million in revenue for the quarter ended November 2024, representing a year-over-year increase of 21.1%. EPS of $1.33 for the same period compares to $1.02 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $211.34 million, representing a surprise of +1.71%. The company delivered an EPS surprise of +9.92%, with the consensus EPS estimate being $1.21.While investors scrutinize revenue and earnings changes year-over-year and how they compare w ...

Progress Software (PRGS) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.92%. A quarter ago, it was expected that this business software maker would post earnings of $1.14 per share when it actually produced earnings of $1.26, delivering a surprise of 10.53%.Over the last four quart ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended November 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to_______. Commission File Number: 0-19417 Securities registered pursuant to Section 12(b) of the Act: PROGRESS SOFTWARE CORPORATION (Exact name of registran ...

Progress Reports Fourth Quarter 2024 and Full Year Results Annualized Recurring Revenue grew 46% year-over-year 2024 Cash Flow from Operations $212 million vs. $174 million last year, 22% growth ShareFile Integration Underway BURLINGTON, Mass, January 21, 2025 (GlobeNewswire) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced financial results for its fiscal fourth quarter and fiscal year ended November 30, 2024. Exhibit 99.1 P R E ...

Annualized Recurring Revenue grew 46% year-over-year2024 Cash Flow from Operations $212 million vs. $174 million last year, 22% growthShareFile Integration Underway BURLINGTON, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced financial results for its fiscal fourth quarter and fiscal year ended November 30, 2024. Fourth Quarter 2024 Highlights¹: Revenue and non-GAAP revenue of $215 million in ...

Wall Street analysts forecast that Progress Software (PRGS) will report quarterly earnings of $1.21 per share in its upcoming release, pointing to a year-over-year increase of 18.6%. It is anticipated that revenues will amount to $211.34 million, exhibiting an increase of 19.1% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this peri ...

Company closes 2024 with multiple award recognitions for corporate social responsibility, workplace culture, inclusion and belonging, and more BURLINGTON, Mass., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced it has received multiple awards from prestigious organizations for its inclusive workplace, culture and focus on corporate social responsibility (CSR). Progress strives to create an environme ...