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Progress Software Corp

PRGS.OQ

Latest Trade

40.04USD

Change

-0.21(-0.52%)

Volume

254,053

Today's Range

39.65

 - 

40.26

52 Week Range

30.24

 - 

47.60

As of on the NASDAQ ∙ Minimum 15 minute delay

Pricing

Previous Close
40.25
Open
40.18
Volume
254,053
3M AVG Volume
6.63
Today's High
40.26
Today's Low
39.65
52 Week High
47.60
52 Week Low
30.24
Shares Out (MIL)
44.73
Market Cap (MIL)
1,800.19
Forward P/E
15.64
Dividend (Yield %)
1.54

Next Event

Q3 2019 Progress Software Corp Earnings Release

Latest Developments

More

Progress Software posts Q2 earnings per share of $0.18

Progress Software Reports Results, Acquires Ipswitch

Progress Q3 NON-GAAP Earnings Per Share $0.60

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About Progress Software Corp

Progress Software Corporation is engaged in application development. The Company operates through three segments: OpenEdge, Data Connectivity and Integration (DCI), and Application Development and Deployment (AppDev). The OpenEdge business segment provides the product enhancements and marketing support to its partner base. It is also focused on providing partners and direct end users with a path to develop and integrate cloud-based applications. Its solutions include Progress OpenEdge and Progress Corticon. The DCI segment is focused on its data assets, including the data integration components of its cloud offerings. Its solutions include Progress DataDirect Connect and Progress DataDirect Cloud. The AppDev business segment is focused on generating customers for its application development assets. Its solutions include Dev Tools, NativeScript, Dev Cloud, Telerik Platform, Test Studio, Sitefinity and Progress Rollbase. Its offerings span Web, mobile and data.

Industry

Software & Programming

Contact Info

14 Oak Park Dr

+1.781.2804473

http://www.progress.com/

Executive Leadership

John R. Egan

Independent Non-Executive Chairman of the Board

Yogesh K. Gupta

President, Chief Executive Officer, Director

Paul A. Jalbert

Chief Financial Officer

Loren Jarrett

Senior Vice President, General Manager, Developer Tooling

Faris Sweis

Senior Vice President and General Manager of Dev Tools/Telerik Platform

Key Stats

1.33 mean rating - 3 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.4K

2017

0.4K

2018

0.4K

2019(E)

0.4K
EPS (USD)

2016

1.650

2017

1.910

2018

2.490

2019(E)

2.573
Price To Earnings (TTM)
34.82
Price To Sales (TTM)
4.54
Price To Book (MRQ)
5.71
Price To Cash Flow (TTM)
18.42
Total Debt To Equity (MRQ)
94.56
LT Debt To Equity (MRQ)
92.34
Return on Investment (TTM)
9.83
Return on Equity (TTM)
7.16

Latest News

BRIEF-Progress Reports Q1 GAAP Earnings Per Share $0.27

* PROGRESS REPORTS BETTER THAN EXPECTED 2018 FISCAL FIRST QUARTER RESULTS

BRIEF-Progress Expands Board Of Directors With Appointments Of Sam King And Angela Tucci

* PROGRESS EXPANDS BOARD OF DIRECTORS WITH THE APPOINTMENTS OF SAM KING AND ANGELA TUCCI

BRIEF-Progress Software Reports Q4 EPS of $0.34

* PROGRESS REPORTS 2017 FISCAL FOURTH QUARTER AND YEAR END RESULTS

BRIEF-Progress Software Entered Into Amended & Restated Credit Agreement Providing For $123.75 Mln Secured Term Loan

* PROGRESS SOFTWARE - ON NOV 20, CO ENTERED INTO AMENDED & RESTATED CREDIT AGREEMENT PROVIDING FOR $123.75 MILLION SECURED TERM LOAN

BRIEF-Progress Software announces plan to expand its board of directors

* Progress Software announces plan to expand its board of directors

BRIEF-Progress Software Corp reports Q3 EPS $0.23

* Progress reports 2017 fiscal third quarter results and increases annual guidance

BRIEF-Progress Software Q3 earnings per share $0.23

* Progress reports 2017 fiscal third quarter results and increases annual guidance

Progress Software pushes back against activist demands

Progress Software Corp <PRGS.O> said on Tuesday that it would not follow activist investor Praesidium Investment Management's demands to replace the chairman of its board or buy a privately held company pitched by the hedge fund.

Progress Software rejects activist investor's demands

Progress Software Corp on Tuesday rejected calls by activist investor Praesidium Investment Management to change its acquisition strategy and replace the chairman of its board.

BRIEF-Progress Software comments on letter from Praesidium Investment Management

* Progress Software comments on letter from Praesidium Investment Management

Investor Praesidium asks Progress Software chairman to step down

Activist investor Praesidium Investment Management on Friday urged Progress Software Corp's chairman, Jack Egan, to resign, and questioned the software maker's acquisition strategy.

Praesidium cuts stake in Progress Software, seeks board seats

Activist investor Praesidium Investment Management on Friday cut its stake in Progress Software Corp and urged the company's chairman of the board, Jack Egan, to resign.

BRIEF-Praesidium Investment Management LLC says delivered letter & presentation to Progress Software’S board

* Praesidium Investment Management Co LLC - on September 15, delivered letter and presentation to progress software’s board - SEC Filing

BRIEF-Progress Software ‍expects Q3 adj. EPS $0.23

* Progress Software announces preliminary financial results for fiscal Q3 2017; better-than-expected Q3 revenues and diluted earnings per share; board of directors raises quarterly dividend 12%

BRIEF-Praesidium says met with Progress Software board to discuss ideas to "enhance shareholder value‍"

* Praesidium Investment Management-on July 31, met with Progress Software board to discuss ideas for board to consider ways to "enhance shareholder value"

BRIEF-Progress acquires Kinvey for $49 million in cash

* Progress acquires Kinvey, the leader in backend as a service (baas) technology

BRIEF-Progress reports 2017 fiscal first quarter results

* Q1 earnings per share view $0.26 -- Thomson Reuters I/B/E/S

BRIEF-Progress acquires DataRPM, the best-of-breed machine learning company focused on cognitive predictive maintenance

* Progress acquires DataRPM, the best-of-breed machine learning company focused on cognitive predictive maintenance

BRIEF-Praesidium Investment Management expects to continue to engage in communications with Progress Software's officers, board concerning specific initiatives

* Praesidium Investment Management Co-expects to continue to engage in communications with Progress Software's officers, board concerning specific initiatives, including strategic acquisitions Source text: [http://bit.ly/2oimddR] Further company coverage:

BRIEF-Progress appoints Paul Jalbert as chief financial officer

* Progress announces appointment of Paul Jalbert as chief financial officer

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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