Progress Software Corporation (PRGS) Tops Q2 EPS by 16c

Progress Software Corporation (NASDAQ: PRGS) reported Q2 EPS of $1.06, $0.16 better than the analyst estimate of $0.90. Revenue for the quarter came in at $179.2 million versus the consensus estimate of $169.78 million.

GUIDANCE:

Progress Software Corporation sees FY2023 EPS of $4.16-$4.24, versus the consensus of $4.14. Progress Software Corporation sees FY2023 revenue of $690-698 million, versus the consensus of $683.8 million.

Progress Software Corporation sees Q3 2023 EPS of $0.98-$1.02, versus the consensus of $0.97. Progress Software Corporation sees Q3 2023 revenue of $172-176 million, versus the consensus of $171 million.

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

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