PRGS Income Statement

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Revenue:
Software licenses 32.67M
Maintenance and services 56.6M
Total revenue 89.27M
Costs of revenue:
Cost of software licenses 2.24M
Cost of maintenance and services 8.86M
Amortization of acquired intangibles for purchased technology
Total costs of revenue 11.38M
Gross profit 77.89M
Operating expenses:
Sales and marketing 31.54M
Product development 15.79M
General and administrative 14.68M
Amortization of other acquired intangibles
Restructuring expense 960K
Acquisition-related expenses 0
Total operating expenses 63.17M
Income from operations 14.72M
Other income:
Interest income and other 531K
Foreign currency gain (loss) -1.08M
Total other income -548K
Income before provision for income taxes
Provision for income taxes 5.04M
Net income 31.12M
Earnings per share:
Basic 0.54
Diluted 0.53
Weighted average shares outstanding:
Basic 57.9M
Diluted 58.75M

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