Progress Software (PRGS) Tops Q4 EPS by 10c

Progress Software (NASDAQ: PRGS) reported Q4 EPS of $0.62, $0.10 better than the analyst estimate of $0.52. Revenue for the quarter came in at $117.7 million versus the consensus estimate of $123.51 million.

GUIDANCE:

Progress Software sees Q1 2017 EPS of $0.25-$0.27, versus the consensus of $0.35. Progress Software sees Q1 2017 revenue of $86-89 million, versus the consensus of $99.1 million.

Progress Software sees FY2017 EPS of $1.69-$1.69, versus the consensus of $1.82. Progress Software sees FY2017 revenue of $388-396 million, versus the consensus of $445.95 million.

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

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