Progress Software Corporation (PRGS) Tops Q1 EPS by 12c, Offers Guidance
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Progress Announces First Quarter 2022 Financial Results
March 29, 2022 4:15 PM EDTRevenue and Earnings Per Share Exceed Guidance RangesÂ
Full Year Guidance Increased for Revenue and Earnings Per Share
BEDFORD, Mass., March 29, 2022 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal first quarter ended February 28, 2022.
First Quarter 2022 Highlights:
Revenue of $144.9 million increased 19% year-over-year on an actual currency basis, and 21% on a constant currency basis.Non-GAAP revenue of $147.5 million increased 12% on an actual currency basis, and 14% on a constant currency... More