Core Insights - Progress has introduced Web Application Firewall (WAF) functionality to its MOVEit Cloud managed file transfer solution, enhancing security for sensitive data transfers and ensuring compliance with evolving security standards [1][2][3] Group 1: Security Enhancements - The new WAF functionality blocks malicious web traffic, providing an additional layer of protection for organizations handling sensitive data [1][2] - It is designed to mitigate risks from injection attacks and unauthorized file access, built on OWASP-based industry standards to protect against the OWASP Top 10 threats [7] Group 2: Compliance and Regulatory Standards - The MOVEit Cloud solution is now certified to meet PCI DSS 4.0 requirements, along with HIPAA, HITECH, and HIPAA Omnibus standards, ensuring organizations can maintain compliance with the latest regulations [7] - The WAF functionality is critical as PCI DSS 4.0 mandates the deployment of a WAF for public-facing applications by March 31, 2025 [2] Group 3: Operational Efficiency - MOVEit Cloud simplifies the management of file transfer infrastructure, allowing IT leaders to focus on securing data transfers while Progress manages WAF updates and scaling [5][7] - The solution offers 24/7 monitoring and support from Progress security specialists, enhancing operational efficiency for organizations [7]

Senior engineering leader to oversee Company’s AI strategy and continued rapid development of AI-powered solutions across the global Progress product portfolio BURLINGTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the appointment of Ed Keisling as the Company’s Chief AI Officer (CAIO). In this newly created role, Keisling will be responsible for leading the AI strategy for Progress and ...

Company's Recognition Based on Completeness of Vision and Ability to Execute BURLINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced its recognition in the 2025 Gartner Magic Quadrant for Digital Experience Platforms¹. Progress was one of 17 vendors evaluated in this report and has been recognized for the fourth consecutive time. "We believe Progress' recognition again this year in the Ma ...

Have you evaluated the performance of Progress Software's (PRGS) international operations during the quarter that concluded in November 2024? Considering the extensive worldwide presence of this business software maker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being a ...

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 ...