Progress(PRGS) - 2024 Q1 - Earnings Call Presentation

2019 – 2024(F)* Unlevered Free Cash Flow Capital Allocation Strategy Cast a wide net across infrastructure software and all aspects of the development lifecycle Tight alignment increases synergy potential ~10-25% of current Progress revenues Can be financed and integrated efficiently High recurring revenue and customer retention Potential to achieve operational efficiency Focused on sustained returns, accretive | --- | --- | --- | |-------|-------|-------------| | | | | | | | | | | | | | | | | | | | | | | | ...