Progress 2019 Third Quarter Results Exceed Guidance

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Progress Software (PRGS) Tops Q3 EPS by 7c

September 26, 2019 4:16 PM EDT

Progress Software (NASDAQ: PRGS) reported Q3 EPS of $0.75, $0.07 better than the analyst estimate of $0.68. Revenue for the quarter came in at $115.5 million versus the consensus estimate of $110.83 million.

Our third quarter performance was very strong, sustaining the momentum weve seen in our business... More