Progress Software Earnings: Cheap Enough To Ignore The Debt
Progress Software Corporation has significant debt, but its valuation at 11x forward free cash flow makes it an attractive buy for patient investors. The company's main growth driver is disciplined M&A, with a focus on acquiring businesses with exceptional products and strong customer bases. Despite debt concerns, Progress is expected to deliver 30% y/y revenue growth in fiscal 2025, driven by its ShareFile acquisition and potential future acquisitions.
Progress Software Corporation (PRGS) Q4 2024 Earnings Call Transcript
Progress Software Corporation (NASDAQ:PRGS ) Q4 2024 Earnings Conference Call January 21, 2025 5:00 PM ET Company Participants Michael Micciche - SVP, IR Yogesh Gupta - President and CEO Anthony Folger - CFO Conference Call Participants Fatima Boolani - Citi John DiFucci - Guggenheim Securities Ittai Kidron - Oppenheimer Bo Yin - Jefferies Pinjalim Bora - JPMorgan Operator Good day, and welcome to the Progress Software Corporation Q4 2024 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.
Progress Software (PRGS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Progress Software (PRGS) give insight into how the company performed in the quarter ended November 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Progress Software (PRGS) Beats Q4 Earnings and Revenue Estimates
Progress Software (PRGS) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.02 per share a year ago.
Gear Up for Progress Software (PRGS) Q4 Earnings: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Progress Software (PRGS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended November 2024.
Progress Software Rises 37% in 6 Months: Should You Buy, Sell or Hold?
PRGS shares rise on the full-year revenue growth forecast and a robust portfolio despite concerns about flat ARR performance.
Progress Software Corporation (PRGS) Soars to 52-Week High, Time to Cash Out?
Progress Software (PRGS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Progress Software Gains 17% in 3 Months: Is the Stock Worth Buying?
PRGS shares rise on full-year revenue growth projections, a diverse portfolio and strategic acquisitions.
Progress Software Corporation (PRGS) Hits Fresh High: Is There Still Room to Run?
Progress Software (PRGS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Progress Software Corporation (PRGS) Hit a 52 Week High, Can the Run Continue?
Progress Software (PRGS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Deciphering Progress Software (PRGS) International Revenue Trends
Examine the evolution of Progress Software's (PRGS) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Progress Software (PRGS) Upgraded to Buy: Here's Why
Progress Software (PRGS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
