Progress Software (PRGS) Tops Q1 EPS by 5c; Issues Light Q2 Outlook

Progress Software (NASDAQ: PRGS) reported Q1 EPS of $0.29, $0.05 better than the analyst estimate of $0.24. Revenue for the quarter came in at $95.5 million versus the consensus estimate of $94.4 million.

Progress Software sees Q2 2015 EPS of $0.29-$0.32, versus the consensus of $0.34. Progress Software sees Q2 2015 revenue of $97-100 million, versus the consensus of $103.0 million.

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

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