Progress Software (PRGS) Q3 Earnings and Revenues Surpass Estimates

Progress Software (PRGS) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of$ 1.14 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.53%. A quarter ago, it was expected that this business software maker would post earnings of$ 0.95 per share when it actually produced earnings of $1.09, delivering a surprise of 14.74%. Over the last four qu ...