Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
30 July 1991Website:
http://www.progress.comNext earnings report:
16 January 2025Last dividends:
30 August 2024Next dividends:
N/APrice
pre-market | 17 min agoAnalysts recommendations
Institutional Ownership
PRGS Latest News
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®.
PRGS shares rise on full-year revenue growth projections, a diverse portfolio and strategic acquisitions.
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.
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.
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 (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.
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) 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.
PRGS' third-quarter fiscal 2024 results benefit from robust demand for multiple products in its portfolio.
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