Progress 2018 Second Quarter Results Exceed Guidance

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Progress Software (PRGS) Tops Q2 EPS by 7c, Offers Q2 and FY Guidance

June 27, 2018 4:22 PM EDT

Progress Software (NASDAQ: PRGS) reported Q2 EPS of $0.60, $0.07 better than the analyst estimate of $0.53. Revenue for the quarter came in at $96.1 million versus the consensus estimate of $95.03 million.

GUIDANCE:

Progress Software sees Q3 2018 EPS of $0.56-$0.58, versus the consensus of... More