Progress Software (PRGS) Tops Q2 EPS by 1c, Guidance Beats

Progress Software (NASDAQ: PRGS) reported Q2 EPS of $0.63, $0.01 better than the analyst estimate of $0.62. Revenue for the quarter came in at $100.4 million versus the consensus estimate of $98.33 million.

GUIDANCE:

Progress Software sees FY2020 revenue of $433-443 million, versus the consensus of $430.6 million.

Progress Software sees Q3 2020 EPS of $0.69-$0.71, versus the consensus of $0.64. Progress Software sees Q3 2020 revenue of $104-109 million, versus the consensus of $105.2 million.

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

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