Progress Software (PRGS) Tops Q2 EPS by 3c; Boosts FY15 EPS Outlook
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Progress Software Reports 2015 Fiscal Second Quarter Results
July 1, 2015 4:15 PM EDTBEDFORD, 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 second quarter ended May 31, 2015.
Revenue in the quarter was $88.8 million compared to $80.8 million in the same quarter last year, a year over year increase of 10% on an actual currency basis and 19% on a constant currency basis. On a non-GAAP basis, revenue was $100.9 million compared to $80.8 million in the same quarter last year.
Additional financial highlights included:
On a GAAP basis in the... More
