Progress Software (PRGS) Q2 Earnings and Revenues Beat Estimates

This quarterly report represents an earnings surprise of 14.74%. A quarter ago, it was expected that this business software maker would post earnings of $1.14 per share when it actually produced earnings of $1.25, delivering a surprise of 9.65%. Progress Software, which belongs to the Zacks Computer - Software industry, posted revenues of $175.08 million for the quarter ended May 2024, surpassing the Zacks Consensus Estimate by 3.85%. This compares to year-ago revenues of $179.23 million. The company has to ...