Progress Software Corporation (PRGS) Tops Q4 EPS by 14c, Offers Q1 and FY21 Guidance

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Go back to Progress Software Corporation (PRGS) Tops Q4 EPS by 14c, Offers Q1 and FY21 Guidance

Progress Reports 2020 Fiscal Fourth Quarter and Year End Results

January 14, 2021 4:15 PM EST

Solid Execution Drove Growth and Operating LeverageAcquisition of Chef Bolsters Position in DevOps Market and Drives Fiscal 2021 Revenue Growth

BEDFORD, Mass., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced results for its fiscal fourth quarter and fiscal year ended November 30, 2020.

Fourth Quarter 2020 Highlights:

Revenue of $122.4 million increased 5% year-over-year on an actual currency basis, and 4% on a constant currency basis.Non-GAAP revenue of $129.1 million increased 5% on an actual currency... More