Wedbush Cuts Price Target on Progress Software (PRGS) Following 3Q15 Results

Progress to Host 2015 Investor and Analyst Day

BEDFORD, Mass.--(BUSINESS WIRE)-- Progress (NASDAQ: PRGS), a global software company that simplifies the development, deployment and management of business applications, today announced that it... More

Progress Streamlines Operations by Enhancing Business Integration and Collaboration to Capitalize on Expanding Market Opportunities

BEDFORD, Mass.--(BUSINESS WIRE)-- Progress Software (NASDAQ: PRGS), today announced it is making changes to its operations to enhance integration and collaboration across its product divisions in order to address expanding market opportunities around customer experiences and to further advance its growth strategy.

This announcement follows the appointment of Jerry Rulli to the position of Chief Operating Officer in... More

Progress Reports 2015 Fiscal Third Quarter Results

BEDFORD, Mass.--(BUSINESS WIRE)-- Progress (NASDAQ: PRGS), a global software company that simplifies and enables the development, deployment and management of business applications, today announced results for its fiscal third quarter ended August 31, 2015.

Revenue in the quarter was $94.6 million compared to $79.3 million in the same quarter last year, a year over year increase of 19% on an actual currency basis and 29% on a constant currency basis. On a non-GAAP basis, revenue was $100.7 million compared to $79.3 million in the same quarter last year.

Additional financial highlights included:

On a GAAP basis in the fiscal third... More

Progress Evolves Telerik DevCraft with New Controls and Strengthens Desktop, Web and Mobile Development for .NET Community

New Release Introduces UI for UWP and Spreadsheet for Web and Report Server, Enhancing the De Facto Standard in .NET Development

BEDFORD, Mass.--(BUSINESS WIRE)-- Progress (NASDAQ: PRGS) today announced the latest release of... More