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Progress Software Corp (PRGS) Tops Q2 EPS by 5c

June 26, 2013 4:17 PM EDT
Progress Software Corp (NASDAQ: PRGS) reported Q2 EPS of $0.27, $0.05 better than the analyst estimate of $0.22. Revenue for the quarter came in at $81.7 million versus the consensus estimate of $79.04 million.

Progress Software provides the following guidance for the fiscal third quarter ending August 31, 2013:

On a constant currency basis, revenue is expected to be between 2% and 4% growth compared to the fiscal third quarter of 2012; and

Non-GAAP operating margin is expected to be in the range of 24% to 26%.

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


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