Progress Software (PRGS) Beats Q4 Earnings and Revenue Estimates

Progress Software (PRGS) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of$ 1.21 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.92%. A quarter ago, it was expected that this business software maker would post earnings of$ 1.14 per share when it actually produced earnings of $1.26, delivering a surprise of 10.53%.Over the last four quart ...