Progress Announces First Quarter 2023 Financial Results

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Progress Software Corporation (PRGS) Tops Q1 EPS by 14c, Offers Guidance

March 28, 2023 4:19 PM EDT

Progress Software Corporation (NASDAQ: PRGS) reported Q1 EPS of $1.19, $0.14 better than the analyst estimate of $1.05. Revenue for the quarter came in at $165.6 million versus the consensus estimate of $151.73 million.

GUIDANCE:

Progress Software Corporation sees FY2023 EPS of $4.09-$4.17, versus the consensus... More