Explore how Progress Software's (PRGS) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Investors with an interest in Computer - Software stocks have likely encountered both Progress Software (PRGS) and Intuit (INTU). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Progress Software Corporation (NASDAQ:PRGS ) Q3 2025 Earnings Call September 29, 2025 5:00 PM EDT Company Participants Michael Micciche - Senior Vice President of Investor Relations Yogesh Gupta - CEO, President & Director Anthony Folger - Executive VP & CFO Conference Call Participants Fatima Boolani - Citigroup Inc., Research Division Lawrence Vensko - Guggenheim Securities, LLC, Research Division Nolan Bruce Jenevein - Oppenheimer & Co. Inc., Research Division Lucky Schreiner - D.A. Davidson & Co., Research Division Presentation Operator Hello, and thank you for standing by.
Evaluate the expected performance of Progress Software (PRGS) for the quarter ended August 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Progress Software offers a compelling value opportunity after a 30% share price decline, contrasting with expensive momentum tech stocks. Progress has stabilized annual recurring revenue and maintains near 100% net revenue retention, supporting its reliable, high-margin recurring revenue model. The company's growth-by-acquisition strategy and strong free cash flow growth (22% y/y projected in FY 2025) position it as a steady cash generator.
Investors need to pay close attention to PRGS stock based on the movements in the options market lately.
Progress Software's Q2 results were driven by the ShareFile acquisition, masking lackluster organic growth and highlighting the early stage of its SaaS pivot. The company's financial position is stable, with manageable debt and improved operating margins, but organic growth remains weak outside of SaaS. Management raised 2025 guidance and is pursuing further M&A, including the Nuclia acquisition, to accelerate its SaaS and AI-driven transition.
While the top- and bottom-line numbers for Progress Software (PRGS) give a sense of how the business performed in the quarter ended May 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Progress Software Corporation (NASDAQ:PRGS ) Q2 2025 Earnings Conference Call June 30, 2025 5:00 PM ET Company Participants Anthony Folger - Executive VP & CFO Michael Micciche - Senior Vice President of Investor Relations Yogesh K. Gupta - CEO, President & Director Conference Call Participants John Stephen DiFucci - Guggenheim Securities, LLC, Research Division Nolan Bruce Jenevein - Oppenheimer & Co. Inc., Research Division Operator Hello, everyone, and welcome to Progress Software's Second Quarter 2025 Earnings Call.
Progress Software (PRGS) came out with quarterly earnings of $1.4 per share, beating the Zacks Consensus Estimate of $1.3 per share. This compares to earnings of $1.09 per share a year ago.
Evaluate the expected performance of Progress Software (PRGS) for the quarter ended May 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.