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

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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) Names Kurt J. Abkemeier as CFO

September 28, 2016 4:11 PM EDT

Progress (NASDAQ: PRGS) today announced the appointment of Kurt J. Abkemeier as its new chief financial officer. As CFO, Abkemeier will oversee the companys global finance and accounting operations and be a member of the company's executive leadership team, reporting to Phil Pead, president and chief executive officer. Abkemeier succeeds Chris E. Perkins, who informed the company in March 2016 that he would retire as CFO upon the appointment of his successor. Abkemeier begins as CFO at Progress on... More