Progress 2019 Second Quarter Results Exceed Guidance
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Progress Software (PRGS) Tops Q2 EPS by 8c, Revenues Beat; FY19 Raises EPS Views Above Consensus, FY19 Revenue Mid-Point Above Consensus, Q3 EPS Guidance Above Consensus
June 27, 2019 4:20 PM EDTProgress Software (NASDAQ: PRGS) reported Q2 EPS of $0.65, $0.08 better than the analyst estimate of $0.57. Revenue for the quarter came in at $100 million versus the consensus estimate of $98.2 million.
Raises Guidance for Operating Margin and Earnings per ShareCompletes Ipswitch Acquisition and New Credit FacilityWe exceeded both... More
