Have you been paying attention to shares of Progress Software (PRGS) ? Shares have been on the move with the stock up 16.9% over the past month. The stock hit a new 52-week high of $67.9 in the previous session. Progress Software has gained 23.9% since the start of the year compared to the 26% move for the Zacks Computer and Technology sector and the 13% return for the Zacks Computer - Software industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it ha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large accelerated filer ☒ Accelerated filer ☐ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 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 PROGRESS SOFTWARE CORPORATION (Exact name of registrant as specif ...

Have you evaluated the performance of Progress Software's (PRGS) international operations for the quarter ending August 2024? Given the extensive global presence of this business software maker, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Invest ...

Progress Software (PRGS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since ...

Have you been paying attention to shares of Progress Software (PRGS) ? Shares have been on the move with the stock up 10.6% over the past month. The stock hit a new 52-week high of $65.84 in the previous session. Progress Software has gained 17.7% since the start of the year compared to the 24.2% move for the Zacks Computer and Technology sector and the 14.8% return for the Zacks Computer - Software industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as ...

Progress Software (PRGS) posted third-quarter fiscal 2024 non-GAAP earnings of $1.26 per share, beating the Zacks Consensus Estimate by 10.53% and increasing 16.7% year over year. Non-GAAP revenues of $179 million beat the consensus mark by 1.67% and increased 2% year over year on an actual and constant-currency basis. The upside can be attributed to stronger-than-expected demand for multiple products in PRGS's portfolio, particularly OpenEdge, DevTools, Sitefinity, Loadmaster, Flowmon and MOVEit. On a cons ...

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 outst ...

Progress Software Corporation (NASDAQ:PRGS) Q3 2024 Earnings Conference Call September 25, 2024 5:00 PM ET Company Participants Michael Micciche - Senior Vice President, Investor Relations Yogesh Gupta - President and Chief Executive Officer Anthony Folger - Chief Financial Officer Conference Call Participants John DiFucci - Guggenheim Securities Lucky Schreiner - D.A. Davidson Bo Yin - Jefferies Operator Good day and welcome to the Progress Software Corporation Q3 2024 Earnings Call. At this time all parti ...

For the quarter ended August 2024, Progress Software (PRGS) reported revenue of $178.69 million, up 1.7% over the same period last year. EPS came in at $1.26, compared to $1.08 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $175.75 million, representing a surprise of +1.67%. The company delivered an EPS surprise of +10.53%, with the consensus EPS estimate being $1.14. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Progress Software (PRGS) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.53%. A quarter ago, it was expected that this business software maker would post earnings of $0.95 per share when it actually produced earnings of $1.09, delivering a surprise of 14.74%. Over the last four qu ...