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Progress(PRGS) - 2024 Q1 - Earnings Call Transcript
2024-03-27 03:12
Progress Software Corporation (NASDAQ:PRGS) Q1 2024 Earnings Conference Call March 26, 2024 5:00 PM ET Company Participants Michael Micciche - VP, IR Yogesh Gupta - CEO Anthony Folger - CFO Conference Call Participants Ray McDonough - Guggenheim Securities Fatima Boolani - Citigroup Antonio Venturim - Jefferies Pinjalim Bora - JPMorgan Operator Good day and welcome to the Progress Software Corporation Q1 2024 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker presenta ...
Progress(PRGS) - 2024 Q1 - Earnings Call Presentation
2024-03-27 01:26
2019 – 2024(F)* Unlevered Free Cash Flow Capital Allocation Strategy Cast a wide net across infrastructure software and all aspects of the development lifecycle Tight alignment increases synergy potential ~10-25% of current Progress revenues Can be financed and integrated efficiently High recurring revenue and customer retention Potential to achieve operational efficiency Focused on sustained returns, accretive | --- | --- | --- | |-------|-------|-------------| | | | | | | | | | | | | | | | | | | | | | | | ...
Progress(PRGS) - 2024 Q1 - Quarterly Results
2024-03-26 20:27
Exhibit 99.1 P R E S S A N N O U N C E M E N T Progress Announces First Quarter 2024 Financial Results First Quarter Revenues and Earnings Per Share Ahead of Estimates BURLINGTON, Mass, March 26, 2024 (GlobeNewswire) — Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal first quarter ended February 29, 2024. First Quarter 2024 Highlights : 1 "It was another strong, steady quarter for Progress and I'm very pleased with our results, which ...
Progress(PRGS) - 2023 Q4 - Annual Report
2024-01-26 21:18
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, 2023 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 specified in its charter) (State or other jurisdiction ...
Progress(PRGS) - 2023 Q4 - Earnings Call Transcript
2024-01-17 01:10
Progress Software Corporation (NASDAQ:PRGS) Q4 2023 Earnings Conference Call January 16, 2024 5:00 PM ET Company Participants Michael Micciche - Vice President, Investor Relations Yogesh Gupta - Chief Executive Officer Anthony Folger - Chief Financial Officer Conference Call Participants Pinjalim Bora - JPMorgan Ittai Kidron - Oppenheimer Fatima Boolani - Citigroup Brent Thill - Jefferies Ray McDonough - Guggenheim Securities Operator Good day and welcome to the Progress Software Corporation Q4 2023 Earning ...
Progress(PRGS) - 2023 Q4 - Earnings Call Presentation
2024-01-16 23:43
• Cyber incident and vulnerability response expenses, net • Annual Recurring Revenue ("ARR") - We provide an ARR performance metric to help investors better understand and assess the performance of our business because our mix of revenue generated from recurring sources has increased in recent years. ARR represents the annualized contract value for all active and contractually binding term-based contracts at the end of a reporting period. ARR includes maintenance, software upgrade rights, public cloud and o ...
Progress(PRGS) - 2023 Q2 - Earnings Call Presentation
2023-10-19 16:25
This presentation contains statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Progress has identified some of these forward-looking statements with words like "believe," "may," "could," "would," "might," "should," "expect," "intend," "plan," "target," "anticipate" and "continue," the negative of these words, other terms of similar meaning or the use of future dates. ...
Progress(PRGS) - 2023 Q3 - Quarterly Report
2023-10-10 20:57
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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, 2023 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 specified in its charter) Delaware 04-2746201 (Stat ...
Progress(PRGS) - 2023 Q3 - Earnings Call Transcript
2023-09-27 02:05
Progress Software Corporation (NASDAQ:PRGS) Q3 2023 Earnings Conference Call September 26, 2023 5:00 PM ET Company Participants Michael Micciche - Vice President, Investor Relations Yogesh Gupta - Chief Executive Officer Anthony Folger - Chief Financial Officer Conference Call Participants Ray McDonough - Guggenheim Securities Antonio Venturim - Jefferies Ittai Kidron - Oppenheimer Operator Good day and welcome to the Progress Software Corporation Q3 2023 Earnings Call. At this time, all participants are in ...
Progress(PRGS) - 2023 Q2 - Quarterly Report
2023-07-07 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 May 31, 2023 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 specified in its charter) Delaware 04-2746201 (State o ...