Progress Announces Third Quarter 2024 Financial Results
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September 26, 2024 12:45 PM EDT
Citi analyst Tyler Radke raised the price target on Progress Software (NASDAQ: PRGS) to $65.00 (from $60.00) while maintaining a Neutral rating.
The analyst comments "~2% YoY revenue growth surmounted ~flat YoY expectations (powered by License), underscored by steady, portfolio-wide demand, despite NRR stuck at ~99%... More
September 25, 2024 5:56 AM EDT
DA Davidson analyst Lucky Schreiner raised the price target on Progress Software (NASDAQ: PRGS) to $70.00 (from $65.00) while maintaining a Buy rating.
The analyst comments "Progress delivered another good quarter highlighted by its recent announcement to acquire ShareFile. Since initiating on PRGS, we... More
September 24, 2024 4:17 PM EDT
Progress Software Corporation (NASDAQ: PRGS) reported Q3 EPS of $1.26, $0.12 better than the analyst estimate of $1.14. Revenue for the quarter came in at $179 million versus the consensus estimate of $176.1 million.
GUIDANCE:
Progress Software Corporation sees FY2024 EPS of $4.75-$4.85, versus the consensus... More
