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

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Progress Software (PRGS) PT Raised to $42 at Benchmark

September 13, 2017 6:26 AM EDT

Benchmark raised its price target on Progress Software (NASDAQ: PRGS) to $42.00 (from $32.00) while maintaining a Buy rating.

Analyst Mark Schappel is positive on the company following a strong preannouncement that was better-than-expected and believes now "the story gets interesting."

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Progress Software (PRGS) to Resume Trading at 8:15 AM ET

September 12, 2017 7:51 AM EDT

Progress Software (NASDAQ: PRGS) to Resume Trading at 8:15 AM ET

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Progress Software (PRGS) Prelim. Q3 EPS Tops Views, Raises Dividend by 12%

September 12, 2017 7:48 AM EDT

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

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Progress Software (PRGS) Halted, News Pending

September 12, 2017 7:45 AM EDT

Progress Software (NASDAQ: PRGS) Halted, News Pending

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