Progress Reports Fourth Quarter 2024 and Full Year Results

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Go back to Progress Reports Fourth Quarter 2024 and Full Year Results

Progress Software (PRGS) PT Lowered to $65 at Citi

January 22, 2025 10:53 AM EST

Citi analyst Tyler Radke lowered the price target on Progress Software (NASDAQ: PRGS) to $65.00 (from $68.00) while maintaining a Neutral rating.

The analyst comments "F4Qs sizable ARR upside (even organic) was overshadowed by FY25E EPS, Adj. FCF guides below expectations, where PRGS... More

Progress Software Corporation (PRGS) Tops Q4 EPS by 12c, Offers Guidance

January 21, 2025 4:19 PM EST

Progress Software Corporation (NASDAQ: PRGS) reported Q4 EPS of $1.33, $0.12 better than the analyst estimate of $1.21. Revenue for the quarter came in at $215 million versus the consensus estimate of $211.7 million.

GUIDANCE:

Progress Software Corporation sees Q1 2025 EPS of $1.02-$1.08, versus the... More