Progress Software Stock (NASDAQ:PRGS)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$55.96

52W Range

$48.00 - $70.56

50D Avg

$65.43

200D Avg

$58.81

Market Cap

$2.44B

Avg Vol (3M)

$572.16K

Beta

0.92

Div Yield

$0.53 (0.93%)

PRGS Company Profile


Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

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Industry

Software - Application

Sector

Technology

Exchange

NASDAQ

ADR

-

Country

US

Employees

2,284

IPO Date

Jul 30, 1991

Website

PRGS Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceNov 24Nov 23Nov 22
Maintenance and Services$504.08M$473.65M$413.68M
Software Licenses$249.33M$220.79M-

Fiscal year ends in Nov 24 | Currency in USD

PRGS Financial Summary


Nov 24Nov 23Nov 22
Revenue$753.41M$694.44M$602.01M
Operating Income$124.00M$110.52M$132.13M
Net Income$68.44M$70.20M$95.07M
EBITDA$124.00M$213.38M$214.77M
Basic EPS$1.58$1.62$2.19
Diluted EPS$1.54$1.57$2.15

Fiscal year ends in Nov 24 | Currency in USD

Latest Earnings Call Transcripts


Q4 24Jan 21, 25 | 5:00 PM
Q3 24Sep 24, 24 | 5:00 PM
Q2 24Jun 25, 24 | 5:00 PM

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