Core Insights - Progress Software (PRGS) reported total revenue of $237.35 million for the quarter ending May 2025, reflecting a 35.6% increase year-over-year [4] - The company's international revenue performance is crucial for understanding its financial resilience and growth potential [2][10] International Revenue Breakdown - Latin America contributed $5.05 million, accounting for 2.13% of total revenue, showing a slight increase from 2.12% in the previous quarter [5] - Europe, Middle East, and Africa generated $66.94 million, representing 28.20% of total revenue, slightly down from 32.86% year-over-year [6] - Asia Pacific brought in $11.37 million, making up 4.79% of total revenue, consistent with the previous quarter's contribution [7] Future Revenue Forecasts - Analysts project total revenue of $240.35 million for the current fiscal quarter, a 34.5% increase year-over-year, with expected contributions of 2% from Latin America, 30.7% from Europe, Middle East, and Africa, and 5.1% from Asia Pacific [8] - For the full year, total revenue is anticipated to reach $965.22 million, indicating a 28.1% rise from the previous year, with regional contributions expected to be 2.1% from Latin America, 30.1% from Europe, Middle East, and Africa, and 5% from Asia Pacific [9] Market Context - The reliance on international markets presents both opportunities and challenges for Progress Software, necessitating close monitoring of revenue trends to project future performance accurately [10] - The company's stock has seen a decline of 15.2% over the past four weeks, contrasting with a 5.2% increase in the S&P 500, indicating potential market concerns [13]
Progress Software (PRGS) International Revenue Performance Explored