Progress Software (PRGS) Tops Q2 EPS by 3c; Boosts FY15 EPS Outlook

Progress Software (NASDAQ: PRGS) reported Q2 EPS of $0.35, $0.03 better than the analyst estimate of $0.32. Revenue for the quarter came in at $88.8 million versus the consensus estimate of $99.15 million.

Progress Software sees Q3 2015 EPS of $0.35-$0.38, versus the consensus of $0.35. Progress Software sees Q3 2015 revenue of $101-104 million, versus the consensus of $103.2 million.

Progress Software sees FY2015 EPS of $1.45-$1.52, versus prior guidance of $1.35-$1.45 and the consensus of $1.42.

For earnings history and earnings-related data on Progress Software (PRGS) click here.

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