Progress Software Corporation (PRGS) Tops Q3 EPS by 12c, Offers Guidance

Go back to Progress Software Corporation (PRGS) Tops Q3 EPS by 12c, Offers Guidance

Progress Announces Third Quarter 2024 Financial Results

September 24, 2024 4:15 PM EDT

Progress Q3'24 Tops High End of Estimates
Expects to Close ShareFile Acquisition in Fiscal 2024

BURLINGTON, Mass., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced financial results for its fiscal third quarter ended August 31, 2024.

Third Quarter 2024 Highlights1:

Revenue and non-GAAP revenue of $179 million increased 2% year-over-year on both an actual and a constant currency basis.Annualized Recurring Revenue (ARR) of $582 million... More