Progress Software Corporation (PRGS) Tops Q4 EPS by 14c, Offers Q1 and FY21 Guidance

Progress Software Corporation (NASDAQ: PRGS) reported Q4 EPS of $0.91, $0.14 better than the analyst estimate of $0.77. Revenue for the quarter came in at $122.4 million versus the consensus estimate of $128.01 million.

GUIDANCE:

Progress Software Corporation sees Q1 2021 EPS of $0.72-$0.76, versus the consensus of $0.81. Progress Software Corporation sees Q1 2021 revenue of $119-123 million.

Progress Software Corporation sees FY2021 EPS of $3.22-$3.28, versus the consensus of $3.21. Progress Software Corporation sees FY2021 revenue of $513-521 million, versus the consensus of $516 million.

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

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