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 Beats Q3 Estimates: Guidance Raise to Lift Shares?
PRGS' third-quarter fiscal 2024 results benefit from robust demand for multiple products in its portfolio.
Progress Software Q3 Earnings: This Stock Is Ready To Move Higher
Progress Software's acquisition of ShareFile is a game-changer, expected to significantly boost recurring revenue and operating margins despite short-term cash flow challenges. PRGS is trading at an attractive valuation of 11x next year's free cash flow, making $60 per share a bargain entry point. Despite competitive pressures from Microsoft and IBM, Progress Software's diverse product portfolio and strong customer retention position it well for future growth.
Progress Software Corporation (PRGS) Q3 2024 Earnings Call Transcript
Progress Software Corporation (NASDAQ:PRGS ) Q3 2024 Earnings Conference Call September 25, 2024 5:00 PM ET Company Participants Michael Micciche - Senior Vice President, Investor Relations Yogesh Gupta - President and Chief Executive Officer Anthony Folger - Chief Financial Officer Conference Call Participants John DiFucci - Guggenheim Securities Lucky Schreiner - D.A. Davidson Bo Yin - Jefferies Operator Good day and welcome to the Progress Software Corporation Q3 2024 Earnings Call.
Progress Software (PRGS) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Progress Software (PRGS) give a sense of how the business performed in the quarter ended August 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Progress Software (PRGS) Q3 Earnings and Revenues Surpass Estimates
Progress Software (PRGS) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.08 per share a year ago.
Stay Ahead of the Game With Progress Software (PRGS) Q3 Earnings: Wall Street's Insights on Key Metrics
Get a deeper insight into the potential performance of Progress Software (PRGS) for the quarter ended August 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Market Got It Wrong—Why Progress Software Deserves a Second Look
Progress Software Co. NASDAQ: PRGS provides software solutions that enable enterprises to design, develop, deploy, automate, and manage business applications. Its products are focused on helping organizations accelerate their digital transformation, enhance user experiences, and modernize their IT infrastructure.
Can the ShareFile Buyout Change PRGS' Fate or is it a Risky Bet?
Progress Software is set to acquire ShareFile, which will boost its portfolio with AI-driven document collaboration.
Progress Software Boosts Outlook Amid Market Challenges
Progress Software recently beat revenue and earnings estimates, and revised guidance upward, but faces lower revenue growth and increased R&D spending. The company operates in the fast-growing DevOps market, but faces competition from major players focused on AI/ML integration. Recent financial trends feature flattening revenue, declining EPS, and lower gross profit margins.
Progress Software Stock Back in the Green After Beating Forecasts
Progress Software NASDAQ: PRGS is a technology company within the systems software sub-industry. The stock reached its 2024 low on Jun. 20, when it was down nearly 11% year to date.
Progress Software Corporation (PRGS) Q2 2024 Earnings Call Transcript
Progress Software Corporation (NASDAQ:PRGS ) Q2 2024 Earnings Conference Call June 25, 2024 5:00 PM ET Company Participants Mike Micciche - VP, IR Yogesh Gupta - CEO Anthony Folger - CFO Conference Call Participants Fatima Boolani - Citigroup Pinjalim Bora - JPMorgan John DiFucci - Guggenheim Securities Harshil Thakkar - Oppenheimer Lucky Schreiner - D.A. Davidson Antonio Venturim - Jefferies Operator Good day and welcome to the Progress Software Corporation Q2 2024 Earnings Call.
