Progress Software Corporation (PRGS) Tops Q4 EPS by 3c, Offers Guidance

Progress Software Corporation (NASDAQ: PRGS) reported Q4 EPS of $1.12, $0.03 better than the analyst estimate of $1.09. Revenue for the quarter came in at $157.1 million versus the consensus estimate of $161.59 million.

GUIDANCE:

Progress Software Corporation sees Q1 2023 EPS of $1.04-$1.08, versus the consensus of $1.05. Progress Software Corporation sees Q1 2023 revenue of $156-160 million, versus the consensus of $152 million.

Progress Software Corporation sees FY2023 EPS of $4.09-$4.17, versus the consensus of $4.35. Progress Software Corporation sees FY2023 revenue of $671-681 million, versus the consensus of $630.1 million.

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

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