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Progress SoftwareNASDAQ: PRGS

Profile

Sector:

Technology

Country:

United States

IPO:

30 July 1991

Next earnings report:

16 January 2025

Last dividends:

30 August 2024

Next dividends:

N/A
$2.93 B
0%vs. 3y high
67%vs. sector
-4%vs. 3y high
57%vs. sector
0%vs. 3y high
79%vs. sector
-8%vs. 3y high
64%vs. sector

Price

pre-market | 17 min ago
$68.40+$2.20(+3.32%)
$178.69 M$211.44 M
$178.69 M$28.46 M

Analysts recommendations

Institutional Ownership

PRGS Latest News

Progress Unveils Native Next.js Support in Sitefinity, Offering Maximum Flexibility to Create and Scale Digital Experiences
globenewswire.com21 November 2024 Sentiment: -

Latest Sitefinity release offers out-of-the-box native support for Next.js and Gen AI-powered content workflows--accelerating the delivery of digital experiences BURLINGTON, Mass., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.

Progress Software Gains 17% in 3 Months: Is the Stock Worth Buying?
zacks.com18 November 2024 Sentiment: POSITIVE

PRGS shares rise on full-year revenue growth projections, a diverse portfolio and strategic acquisitions.

Progress Software Corporation (PRGS) Hits Fresh High: Is There Still Room to Run?
zacks.com08 November 2024 Sentiment: POSITIVE

Progress Software (PRGS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Progress and emt Distribution Celebrate 10th Anniversary of Successful Partnership
globenewswire.com06 November 2024 Sentiment: POSITIVE

Enduring partnership highlights both companies' dedication to providing cutting-edge cybersecurity solutions for customers throughout the Middle East BURLINGTON, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced 10 years of partnership with emt Distribution—a leading cybersecurity distributor in the Middle East and Africa.

Progress Appoints Amanda Arria to the Role of Chief People Officer
globenewswire.com28 October 2024 Sentiment: POSITIVE

Accomplished industry leader with proven track record in developing people strategies and creating impactful employee experiences for global multi-billion-dollar organizations to enhance award-winning best employer BURLINGTON, Mass., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the appointment of Amanda Arria as Chief People Officer (CPO), effective October 28, 2024.

Progress Software Corporation (PRGS) Hit a 52 Week High, Can the Run Continue?
zacks.com17 October 2024 Sentiment: POSITIVE

Progress Software (PRGS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Deciphering Progress Software (PRGS) International Revenue Trends
zacks.com30 September 2024 Sentiment: POSITIVE

Examine the evolution of Progress Software's (PRGS) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.

Progress Software (PRGS) Upgraded to Buy: Here's Why
zacks.com26 September 2024 Sentiment: POSITIVE

Progress Software (PRGS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Progress Software Beats Q3 Estimates: Guidance Raise to Lift Shares?
zacks.com25 September 2024 Sentiment: POSITIVE

PRGS' third-quarter fiscal 2024 results benefit from robust demand for multiple products in its portfolio.

Progress Software Q3 Earnings: This Stock Is Ready To Move Higher
seekingalpha.com25 September 2024 Sentiment: POSITIVE

Progress Software's acquisition of ShareFile is a game-changer, expected to significantly boost recurring revenue and operating margins despite short-term cash flow challenges. PRGS is trading at an attractive valuation of 11x next year's free cash flow, making $60 per share a bargain entry point. Despite competitive pressures from Microsoft and IBM, Progress Software's diverse product portfolio and strong customer retention position it well for future growth.

What type of business is Progress Software?

Progress Software Corporation is an American technology company headquartered in Bedford, Massachusetts, providing solutions for developing business applications. It was founded in 1981. Progress Software offerings enable developers to quickly and easily create the most modern applications and include: - OpenEdge software; - User interface development tools; - Data integration solutions (Progress DataDirect Connect); - Secure file transfer solutions (Progress DataDirect Hybrid Data Pipeline); - Network management tools; - Web content management solutions, etc. (Sitefinity).

What sector is Progress Software in?

Progress Software is in the Technology sector

What industry is Progress Software in?

Progress Software is in the Software Infrastructure industry

What country is Progress Software from?

Progress Software is headquartered in United States

When did Progress Software go public?

Progress Software initial public offering (IPO) was on 30 July 1991

What is Progress Software website?

https://www.progress.com

Is Progress Software in the S&P 500?

No, Progress Software is not included in the S&P 500 index

Is Progress Software in the NASDAQ 100?

No, Progress Software is not included in the NASDAQ 100 index

Is Progress Software in the Dow Jones?

No, Progress Software is not included in the Dow Jones index

When was Progress Software the previous earnings report?

No data

When does Progress Software earnings report?

The next expected earnings date for Progress Software is 16 January 2025