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

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

Progress Software Reports 2015 Fiscal First Quarter Results

April 1, 2015 4:25 PM EDT

Achieves Revenue and Exceeds EPS Guidance

BEDFORD, Mass.--(BUSINESS WIRE)-- Progress Software Corporation (NASDAQ: PRGS), a global software company that simplifies and enables the development, deployment and management of business applications, today announced results for its fiscal first quarter ended February 28, 2015.

Revenue was $81.4 million compared to $74.5 million in the same quarter last year, a year over year increase of 9% on an actual currency basis and 15% on a constant currency basis. On a non-GAAP basis, revenue was $95.5 million compared to $74.5 million in the same quarter last year.

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