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 ...

Group 1 - Progress Software reported quarterly earnings of $1.33 per share, exceeding the Zacks Consensus Estimate of $1.21 per share, and up from $1.02 per share a year ago, representing an earnings surprise of 9.92% [1] - The company achieved revenues of $214.96 million for the quarter ended November 2024, surpassing the Zacks Consensus Estimate by 1.71%, and an increase from $177.52 million year-over-year [2] - Progress Software has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Group 2 - The stock has underperformed the market, losing about 3.4% since the beginning of the year compared to the S&P 500's gain of 2% [3] - The current consensus EPS estimate for the upcoming quarter is $1.44 on revenues of $230.22 million, and for the current fiscal year, it is $5.67 on revenues of $929 million [7] - The Zacks Industry Rank for Computer - Software is in the bottom 38% of over 250 Zacks industries, indicating potential challenges for stock performance [8] Group 3 - The estimate revisions trend for Progress Software is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] - Future stock movements will largely depend on management's commentary during the earnings call and any changes in earnings expectations [3][4]

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 ...