Progress Software (PRGS) Raises Quarterly Dividend 12% to $0.14; 1.6% Yield

Progress Software Announces Preliminary Financial Results for Fiscal Q3 2017; Better-Than-Expected Q3 Revenues and Diluted Earnings Per Share; Board of Directors Raises Quarterly Dividend 12%

September 12, 2017 7:45 AM EDT

--CEO Issues Special Letter to Shareholders as One-Year Anniversary Approaches--

BEDFORD, Mass.--(BUSINESS WIRE)-- Progress (NASDAQ: PRGS) today announced that it expects to report better-than-expected revenues and diluted earnings per share for its third fiscal quarter ended August 31, 2017:

                        (In millions, except percentages and per share amounts) Q3 2017

GAAP

GAAPGuidanceIssued onJune 28, 2017

Q3 2017Non-GAAP

 

Non-GAAPGuidanceIssued onJune 28, 2017

Revenue $97.3 $93 - $96 $97.6 $93 - $96 Diluted earnings per share... More