Progress Software Corporation (PRGS) Tops Q2 EPS by 13c; Lifts FY Outook

Progress Software Corporation (NASDAQ: PRGS) reported Q2 EPS of $1.08, $0.13 better than the analyst estimate of $0.95. Revenue for the quarter came in at $175 million versus the consensus estimate of $168.42 million.

GUIDANCE:

Progress Software Corporation sees Q3 2024 EPS of $1.11-$1.15, versus the consensus of $1.21. Progress Software Corporation sees Q3 2024 revenue of $174-178 million, versus the consensus of $183.52 million.

Progress Software Corporation sees FY2024 EPS of $4.70-$4.80, versus the consensus of $4.69. Progress Software Corporation sees FY2024 revenue of $725-735 million, versus the consensus of $726.5 million.

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

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