Progress Software Corporation (PRGS) Tops Q3 EPS by 36c, Raises Guidance

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Go back to Progress Software Corporation (PRGS) Tops Q3 EPS by 36c, Raises Guidance

Progress Announces Third Quarter 2021 Financial Results

September 23, 2021 4:27 PM EDT

Q3 Revenue and EPS Significantly Ahead of GuidanceFull Year 2021 Guidance Raised Again

BEDFORD, Mass., Sept. 23, 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 third quarter ended August 31, 2021.

Third Quarter 2021 Highlights:

Revenue of $147.4 million increased 34% year-over-year on an actual currency basis, and 33% on a constant currency basis.Non-GAAP revenue of $152.6 million increased 38% on an actual currency basis, and 36% on a... More