Progress Announces Third Quarter 2023 Financial Results

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Progress Software Corporation (PRGS) Tops Q3 EPS by 8c, Offers Guidance

September 26, 2023 4:18 PM EDT

Progress Software Corporation (NASDAQ: PRGS) reported Q3 EPS of $1.08, $0.08 better than the analyst estimate of $1.00. Revenue for the quarter came in at $175.8 million versus the consensus estimate of $173.27 million.

GUIDANCE:

Progress Software Corporation sees Q4 2023 EPS of $0.87-$0.93, versus the consensus... More