Progress Software (PRGS) Reports In-Line Q1 EPS; Guides FY11, Q2 EPS, Revs

March 28, 2011 4:32 PM EDT Send to a Friend
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Progress Software Corp. (NASDAQ: PRGS) reported Q1 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $134.3 million versus the consensus estimate of $134.17 million.

Sees Q2011 EPS of $0.41-$0.43, versus the consensus of $0.43. Sees Q2 2011 revenue of $136-$139 million, versus the consensus of $136.8 million.

Sees FY2011 EPS of $1.74-$1.80, versus the consensus of $1.78. Sees FY2011 revenue of $560-$570 million, versus the consensus of $564.5 million.


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