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 ...

BURLINGTON, Mass., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced that it will release financial results for its fiscal fourth quarter and fiscal year 2024 after the market close on Tuesday, January 21, 2025. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. The company’s fiscal year ended on November 30, 2024. Conference Call DetailsA live webcas ...

BURLINGTON, Mass., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced that it will release financial results for its fiscal fourth quarter and fiscal year 2024 after the market close on Tuesday, January 21, 2025. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. The company's fiscal year ended on November 30, 2024. Conference Call DetailsA live webcast ...

Progress Software’s (PRGS) shares have gained 37.4% in the past six months, outperforming the Zacks Computer & Technology sector’s appreciation of 4.7% and the Zacks Computer - Software industry’s growth of 3.5%.PRGS’ shares have outperformed industry peers, including ANSYS (ANSS) , Cadence Design Systems (CDNS) and Microsoft (MSFT) , over the same time frame.ANSYS’ shares have lost 2.5% while Microsoft and Cadence Design Systems’ shares have lost 1.9% and 5.4% respectively.PRGS’ shares are benefiting from ...

ShareFile becomes the only AI-powered, document workflow and secure file sharing solution in AICPA’s Member Discount Program BURLINGTON, Mass., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced its partnership with the American Institute of CPAs (AICPA), the world’s largest member association representing the CPA profession. Progress® ShareFile®, the SaaS-native, AI-powered, document-centric collabor ...

Latest Sitefinity release offers out-of-the-box native support for Next.js and Gen AI-powered content workflows--accelerating the delivery of digital experiences BURLINGTON, Mass., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®. With this release, Sitefinity introduces native support for Next.js, a React framework, enabling organiza ...

Progress Software (PRGS) shares have rallied 17.3% over the past three months, outperforming the Zacks Computer & Technology sector’s growth of 2.2% and the Zacks Computer - Software industry’s return of 3.6%.PRGS shares have outperformed industry peers, including Adobe (ADBE) , CommVault Systems (CVLT) and Manhattan Associates (MANH) , over the same timeframe.While CommVault and Manhattan Associates shares have returned 12.3% and 5%, respectively, Adobe shares have fallen 10.6%.PRGS shares are riding on de ...