Progress Software Corporation (PRGS) Tops Q3 EPS by 36c, Raises Guidance

Progress Software Corporation (NASDAQ: PRGS) reported Q3 EPS of $1.18, $0.36 better than the analyst estimate of $0.82. Revenue for the quarter came in at $152.6 million versus the consensus estimate of $131 million.

GUIDANCE:

Progress Software Corporation sees FY2021 EPS of $3.68-$3.70, versus the consensus of $3.47. Progress Software Corporation sees FY2021 revenue of $548-552 million, versus the consensus of $533.2 million.

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

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