Progress Reports 2016 Fiscal Third Quarter Results

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Go back to Progress Reports 2016 Fiscal Third Quarter Results

Progress Software (PRGS) Initiates Qtr. Dividend at 12.5c/Share; Will Continue Stock Buybacks

September 28, 2016 4:22 PM EDT

Progress Software (NASDAQ: PRGS) has initiated a quarterly dividend of $0.125 per share, or $0.50 annualized.

The dividend will be payable on December 15, 2016, to stockholders of record on December 1, 2016, with an ex-dividend date of November 29, 2016.

The annual yield on the dividend is 1.8... More

Progress Software (PRGS) Misses Q3 EPS by 1c, Offers Q4 &FY Guidance

September 28, 2016 4:19 PM EDT

Progress Software (NASDAQ: PRGS) reported Q3 EPS of $0.44, $0.01 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $102 million versus the consensus estimate of $104.72 million.

GUIDANCE:

Progress Software sees FY2016 EPS of $1.57-$1.60, versus the consensus of... More