Progress Software (PRGS) Tops Q2 EPS by 7c, Offers Q2 and FY Guidance

Progress Software (NASDAQ: PRGS) reported Q2 EPS of $0.60, $0.07 better than the analyst estimate of $0.53. Revenue for the quarter came in at $96.1 million versus the consensus estimate of $95.03 million.

GUIDANCE:

Progress Software sees Q3 2018 EPS of $0.56-$0.58, versus the consensus of $0.57. Progress Software sees Q3 2018 revenue of $95-97 million, versus the consensus of $97.93 million.

Progress Software sees FY2018 EPS of $2.45-$2.50, versus the consensus of $2.42. Progress Software sees FY2018 revenue of $399-404 million, versus the consensus of $403.9 million.

For earnings history and earnings-related data on Progress Software (PRGS) click here.

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