Progress Software (PRGS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Evaluate Progress Software's (PRGS) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Progress Software strengthens Sitefinity content management platform with new AI capabilities to power digital experiences.
Progress Software Co. NASDAQ: PRGS offers artificial intelligence (AI)-powered infrastructure and business application development platforms. Its services enable businesses to better manage and leverage their data with AI-powered tools.
PRGS' first-quarter fiscal 2025 results benefit from strong demand, strategic acquisition, and an improved financial outlook.
Progress Software Corporation (NASDAQ:PRGS ) Q1 2025 Earnings Conference Call March 31, 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 Pinjalim Bora - JPMorgan Lucky Schreiner - D. A. Davidson John DiFucci - Guggenheim Securities Operator Good day, and thank you for standing by.
While the top- and bottom-line numbers for Progress Software (PRGS) give a sense of how the business performed in the quarter ended February 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Progress Software (PRGS) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.25 per share a year ago.
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 February 2025.
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 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 (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.