Progress Software (PRGS) Q1 Earnings and Revenues Top Estimates

Progress Software (PRGS) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 25.96%. A quarter ago, it was expected that this business software maker would post earnings of $1.21 per share when it actually produced earnings of $1.33, delivering a surprise of 9.92%. While Progress Softwar ...