Progress Reports 2019 Fiscal First Quarter Results

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Progress Software (PRGS) Tops Q1 EPS by 3c, Revenues Beat; Offers FY19 EPS/Revenue Guidance Above Consensus

March 28, 2019 4:23 PM EDT

Progress Software (NASDAQ: PRGS) reported Q1 EPS of $0.50, $0.03 better than the analyst estimate of $0.47. Revenue for the quarter came in at $89.5 million versus the consensus estimate of $87.64 million.

We exceeded both our revenue and EPS guidance for the quarter, with OpenEdge leading the way with... More