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

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