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Progress Software Corp (PRGS) Tops Q3 EPS by 2c; Guides Q4, FY11

September 27, 2011 4:31 PM EDT
Progress Software Corp (NASDAQ: PRGS) reported Q3 EPS of $0.31, $0.02 better than the analyst estimate of $0.29. Revenue for the quarter came in at $128.3 million versus the consensus estimate of $128.05 million.

Progress Software Corp sees Q4 2011 EPS of $0.30-$0.33, versus the consensus of $0.42. Progress Software Corp sees Q4 2011 revenue of $130-$134 million, versus the consensus of $145.37 million.

Progress Software Corp sees FY2011 EPS of $1.42-$1.45, versus the consensus of $1.51. Progress Software Corp sees FY2011 revenue of $527-$531 million, versus the consensus of $542.4 million.


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