Progress Software Corporation (PRGS) Tops Q2 EPS by 9c, Offers Guidance

Progress Software Corporation (NASDAQ: PRGS) reported Q2 EPS of $1.04, $0.09 better than the analyst estimate of $0.95. Revenue for the quarter came in at $150.9 million versus the consensus estimate of $146.93 million.

GUIDANCE:

Progress Software Corporation sees Q3 2022 EPS of $0.96-$0.98, versus the consensus of $1.11. Progress Software Corporation sees Q3 2022 revenue of $147-150 million, versus the consensus of $160.2 million.

Progress Software Corporation sees FY2022 revenue of $609-617 million, versus the consensus of $615 million.

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

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