Progress Reports 2018 Fiscal Fourth Quarter and Year End Results

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UPDATE: Progress Software (PRGS) Tops Q4 EPS by 3c. Revenues Beat; Offers FY18 & FY19 EPS/Revenue Guidance Below Consensus

January 17, 2019 4:19 PM EST

(Updated - January 17, 2019 4:21 PM EST)

Progress Software (NASDAQ: PRGS) reported Q4 EPS of $0.76, $0.03 better than the analyst estimate of $0.73. Revenue for the quarter came in at $114.5 million versus the consensus estimate of $109.35 million.

We achieved better-than-expected revenue and strong earnings... More