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Progress Software (PRGS) Q2 Earnings and Revenues Beat Estimates
PRGSProgress(PRGS) ZACKS· ZACKS·2024-06-25 22:30

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 1.14persharewhenitactuallyproducedearningsof1.14 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 175.08millionforthequarterendedMay2024,surpassingtheZacksConsensusEstimateby3.85175.08 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 ...