Progress Software Corporation (PRGS) Tops Q2 EPS by 13c; Lifts FY Outook

Go back to Progress Software Corporation (PRGS) Tops Q2 EPS by 13c; Lifts FY Outook

Progress Announces Second Quarter 2024 Financial Results

June 25, 2024 4:15 PM EDT

Second Quarter Revenues and Earnings Per Share Ahead of Guidance
Raising Full Year Revenue and Earnings Per Share Outlook

BURLINGTON, Mass., June 25, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced financial results for its fiscal second quarter ended May 31, 2024.

Second Quarter 2024 Highlights1:

Revenue and non-GAAP revenue of $175 million decreased 2% year-over-year on both an actual and a... More