Progress Announces First Quarter 2022 Financial Results

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Progress Software Corporation (PRGS) Tops Q1 EPS by 12c, Offers Guidance

March 29, 2022 4:18 PM EDT

Progress Software Corporation (NASDAQ: PRGS) reported Q1 EPS of $0.97, $0.12 better than the analyst estimate of $0.85. Revenue for the quarter came in at $144.9 million versus the consensus estimate of $140.55 million.

GUIDANCE:

Progress Software Corporation sees FY2022 EPS of $4.01-$4.09, versus the consensus... More