Progress Software Corporation (PRGS) Tops Q4 EPS by 18c

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Progress Reports 2021 Fiscal Fourth Quarter and Year End Results

January 18, 2022 4:15 PM EST

Q4 and FY21 Revenue and EPS Significantly Ahead of GuidanceIntegration of Kemp On Target as Acquisition Drives Projected Fiscal 2022 Revenue Growth

BEDFORD, Mass., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact applications, today announced financial results for its fiscal fourth quarter and fiscal year ended November 30, 2021.

Fourth Quarter 2021 Highlights:

Revenue of $140.1 million increased 14% year-over-year on an actual currency basis and 15% year-over-year on a constant currency basis.Non-GAAP revenue of $143.7 million... More