Progress Software (PRGS) Lower Following Updates Outlook from TIBCO (TIBX)
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Price: $50.41 +0.44%
EPS Growth %: +8.5%
Financial Fact:
Income from operations: 13.61M
Today's EPS Names:
MAXN, CSTR, ACU, More
EPS Growth %: +8.5%
Financial Fact:
Income from operations: 13.61M
Today's EPS Names:
MAXN, CSTR, ACU, More
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Progress Software (NASDAQ: PRGS) is lower late Tuesday following updated expectations from peer TIBCO Software, Inc. (Nasdaq TIBX).
After markets closed, TIBCO said it was looking for Q2 revenue of $250 to $252 million and adjusted EPS of $.12 to $.13, while consensus views expected revs of $268 million and EPS of $.21.
Shares of Progress are down about 1.5 percent.
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