Exhibit 99.1 P R E S S A N N O U N C E M E N T Progress Announces Third Quarter 2024 Financial Results Progress Q3'24 Tops High End of Estimates Expects to Close ShareFile Acquisition in Fiscal 2024 BURLINGTON, Mass, September 24, 2024 (GlobeNewswire) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced financial results for its fiscal third quarter ended August 31, 2024. 1 Third Quarter 2024 Highlights : • Revenue and non-GAAP revenue of $179 million increa ...

Progress Q3'24 Tops High End of Estimates Expects to Close ShareFile Acquisition in Fiscal 2024 BURLINGTON, Mass., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced financial results for its fiscal third quarter ended August 31, 2024. Third Quarter 2024 Highlights1: Revenue and non-GAAP revenue of $179 million increased 2% year-over-year on both an actual and a constant currency basis. Annualized Recurring Revenue ("ARR") ...

Analysts on Wall Street project that Progress Software (PRGS) will announce quarterly earnings of $1.14 per share in its forthcoming report, representing an increase of 5.6% year over year. Revenues are projected to reach $175.75 million, indicating no change compared to the same quarter last year. 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 period. Prior to ...

Innovators from Dupont, Salesforce, Yale and more to explore the future of data, generative AI, knowledge management and data visualization BURLINGTON, Mass., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the speaker lineup for the MarkLogic World Tour US, taking place September 23-25, 2024, at the Bethesda Marriott in Maryland. Industry leaders, innovators and professionals on the front line of the data world will gat ...

Progress Software Today PRGS Progress Software $58.16 +0.17 (+0.29%) 52-Week Range $48.00 ▼ $60.33 Dividend Yield 1.20% P/E Ratio 35.46 Price Target $63.50 Add to Watchlist Progress Software Co. NASDAQ: PRGS provides software solutions that enable enterprises to design, develop, deploy, automate, and manage business applications. Its products are focused on helping organizations accelerate their digital transformation, enhance user experiences, and modernize their IT infrastructure. Its tools and architectu ...

Progress Software's (PRGS) shares gained 2.49% and closed at $57.62 on Sept. 10. The upswing can be attributed to its plan to acquire ShareFile for $875 million. PRGS shares have gained 14% in the past three months outperforming the Zacks Computer – Software industry's decline of 4.4% and the broader Zacks Computer & Technology sector's decline of 6.4%. ShareFile specializes in AI-driven, cloud-based document collaboration services for various industries, including business, finance, healthcare, and constru ...

BURLINGTON, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced that it will release financial results for its fiscal third quarter of 2024 after the market close on Tuesday, September 24, 2024. The company's third quarter of fiscal year 2024 ended on August 31, 2024. Investor Contact: Press Contact: Michael Micciche Erica McShane Progress Software Progress Software +1 781-850-8450 +1 781-280-4000 Investor-Relations@p ...

BURLINGTON, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced it has entered into a definitive agreement to acquire ShareFile, a business unit of Cloud Software Group, Inc., providing SaaS-native, AI-powered, document-centric collaboration, focusing on industry segments including business and professional services, financial services, healthcare and construction. "Businesses today need to enhance their effectiveness ...

Semaphore 5.10 increases user productivity with an AI-powered tool that simplifies and accelerates the creation of semantic knowledge models to streamline decision-making processes BURLINGTON, Mass., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Progress(Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the latest release ofProgress® Semaphore™, its metadata management and semantic AI platform. Building on existing knowledge management capabilities, the Semaphore 5.10 platform r ...

BURLINGTON, Mass., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced that the Securities and Exchange Commission's Division of Enforcement (SEC) has concluded its fact-finding investigation into the MOVEit vulnerability. The SEC has notified Progress that it does not intend to recommend an enforcement action against the company at this time. As previously disclosed, Progress received a subpoena from the SEC on October 2, 20 ...