Progress Software (PRGS) Tops Q3 EPS by 2c; Update FY15 Outlook

Progress Software (NASDAQ: PRGS) reported Q3 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $100.7 million versus the consensus estimate of $104.29 million.

Progress Software sees FY2015 EPS of $1.51-$1.55, versus prior guidance of $1.45-$1.52 and the consensus of $1.49. Progress Software sees FY2015 revenue of $410-415 million, versus prior guidance of $415-425 million and the consensus of $420.8 million.

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

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