Progress Software (PRGS) Tops Q3 EPS by 2c, Revenues Miss; Offers FY18 EOPS/Revenue Outlook Below Consensus

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Go back to Progress Software (PRGS) Tops Q3 EPS by 2c, Revenues Miss; Offers FY18 EOPS/Revenue Outlook Below Consensus

Progress Software (PRGS) PT Lowered to $38 at Wedbush

September 28, 2018 7:25 AM EDT

Wedbush analyst Steve Koenig lowered the price target on Progress Software (NASDAQ: PRGS) to $38.00 (from $39.00) while maintaining a Neutral rating.

The analsyt said the OpenEdge outlook disappoints.

... More

Progress Software (PRGS) Raises Quarterly Dividend 10.7% to $0.155; 1.5% Yield

September 27, 2018 4:20 PM EDT

Progress Software (NASDAQ: PRGS) declared a quarterly dividend of $0.155 per share, or $0.62 annualized. This is a 10.7% increase from the prior dividend of $0.14.

The dividend will be payable on December 17, 2018, to stockholders of record on December 3, 2018, with an ex-dividend date of November 30,... More