Progress Reports 2019 Fiscal Fourth Quarter and Year End Results
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Progress Software (PRGS) Tops Q4 EPS by 4c, Revenues Beat; Offers Q1 & FY20 EPS/Revenue Views Above Cons., Boosts Share Buyback to $250M
January 16, 2020 4:20 PM ESTProgress Software (NASDAQ: PRGS) reported Q4 EPS of $0.79, $0.04 better than the analyst estimate of $0.75. Revenue for the quarter came in at $123.4 million versus the consensus estimate of $118.3 million.
Our fourth quarter performance was very strong, allowing us to exceed both our revenue and EPS guidance for fiscal 2019," said Yogesh Gupta, CEO at Progress. "Once again, in Q4 we had a... More
