Progress Software Corporation (PRGS) Tops Q3 EPS by 3c, Offers Guidance

(Updated - September 27, 2022 4:18 PM EDT)

Progress Software Corporation (NASDAQ: PRGS) reported Q3 EPS of $1.00, $0.03 better than the analyst estimate of $0.97. Revenue for the quarter came in at $151.2 million versus the consensus estimate of $148.1 million.

GUIDANCE:

Progress Software Corporation sees FY2022 EPS of $4.08-$4.12, versus the consensus of $4.08. Progress Software Corporation sees FY2022 revenue of $609-617 million, versus the consensus of $612.4 million.

Progress Software Corporation sees Q4 2022 EPS of $1.06-$1.10, versus the consensus of $1.10. Progress Software Corporation sees Q4 2022 revenue of $158-166 million, versus the consensus of $165 million.

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

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