Progress Software Corp (PRGS) Tops Q1 EPS by 3c; CFO Wagner to Depart

Progress Software Corp (NASDAQ: PRGS) reported Q1 EPS of $0.28, $0.03 better than the analyst estimate of $0.25. Revenue for the quarter came in at $124.4 million versus the consensus estimate of $120.51 million.

Also announced its CFO Charles Wagner will be leaving the company. Andy Zupsic has been named global head of field operations. President and CEO Jay Bhatt will fill his role until a permanent replacement is named.

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

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Scotiabank Names Top Utility Stocks Amid Data Center Growth
• Agnico, Barrick, and Newmont fall following broad Freedom Broker downgrades
• UBS Reiterates Neutral Rating on Nike (NKE) on Expected Pace of Earnings Recovery