Progress Software Stock (NASDAQ:PRGS)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$64.35

52W Range

$48.00 - $67.90

50D Avg

$62.09

200D Avg

$55.68

Market Cap

$2.74B

Avg Vol (3M)

$504.95K

Beta

0.92

Div Yield

$0.70 (1.09%)

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 23Nov 22Nov 21
Software Licenses$220.79M--
Maintenance and Services$473.65M$413.68M$374.72M

Fiscal year ends in Nov 23 | Currency in USD

PRGS Financial Summary


Nov 23Nov 22Nov 21
Revenue$694.44M$602.01M$531.31M
Operating Income$110.52M$132.13M$116.10M
Net Income$70.20M$95.07M$78.42M
EBITDA$110.52M$198.40M$198.10M
Basic EPS$1.62$2.19$1.79
Diluted EPS$1.57$2.15$1.76

Fiscal year ends in Nov 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Sep 24, 24 | 7:11 PM
Q2 24Jun 25, 24 | 7:13 PM
Q1 24Mar 26, 24 | 11:12 PM

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