Progress Software Corporation (PRGS) Tops Q2 EPS by 10c, Offers FY Guidance

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Go back to Progress Software Corporation (PRGS) Tops Q2 EPS by 10c, Offers FY Guidance

Progress Announces Second Quarter 2021 Financial Results

June 24, 2021 4:15 PM EDT

Q2 Revenue and Earnings Per Share Exceed Guidance Full Year Guidance Raised

BEDFORD, Mass., June 24, 2021 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced financial results for its fiscal second quarter ended May 31, 2021.

Second Quarter 2021 Highlights:

Revenue of $122.5 million increased 22% year-over-year on an actual currency basis, and 19% on a constant currency basis.Non-GAAP revenue of $129.2 million increased 26% on an actual currency basis, and 23% on a constant currency... More