Wedbush Cuts Price Target on Progress Software (PRGS) Following a Weak 1Q

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Go back to Wedbush Cuts Price Target on Progress Software (PRGS) Following a Weak 1Q

After-Hours Stock Movers 03/30: (MDVN) (ANY) (MU) Higher; (PRGS) (SLW) (SUNE) Lower (more...)

March 30, 2016 6:05 PM EDT

Medivation (NASDAQ: MDVN) 13.7% HIGHER; is working with JPMorgan to fend off takeover approaches.

Progress Software (NASDAQ: PRGS) 10.1% LOWER; reported Q1 EPS of $0.27, $0.02 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $89.5 million versus the consensus estimate of $93.15 million. GUIDANCE: Progress Software sees Q2 2016 EPS of $0.26-$0.29, versus the consensus of $0.36. Progress Software sees Q2 2016 revenue of $93-96 million, versus the consensus of $102.3 million. Progress... More

Progress Software (PRGS) Misses Q1 EPS by 2c; Trims FY16 Outlook

March 30, 2016 4:16 PM EDT

Progress Software (NASDAQ: PRGS) reported Q1 EPS of $0.27, $0.02 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $89.5 million versus the consensus estimate of $93.15 million.

GUIDANCE:

Progress Software sees Q2 2016 EPS of $0.26-$0.29, versus the consensus of... More

Trading Radar for 3/30: lululemon athletica (LULU), Carnival (CCL), Paychex (PAYX), Progress Software (PRGS) Report

March 29, 2016 3:04 PM EDT

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