Page 74 - Progress Software News Today

Exceeds Q2 Revenue and Earnings Estimates ARR increases by 19%; Raises Full Year GuidanceBURLINGTON, Mass., June 29, 2023 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced financial results for...

"While no HHS systems or networks were compromised, attackers gained access to data by exploiting the vulnerability in the MOVEit Transfer software of third-party vendors,” the official told CNN.

Taiwan Semiconductor Manufacturing Co (TSMC) says a cybersecurity incident at one of its IT hardware suppliers has resulted in the leak of the vendors company data. TSMC has confirmed that its operations and customer information were not affected.

Progress Software (NASDAQ:PRGS – Free Report) issued its earnings results on Thursday. The software maker reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.16, MarketWatch Earnings reports. The business had revenue of $179.23 million during the quarter, compared to the consensus estimate of $169.78 million. Progress Software had […]

StockNews.com lowered shares of Progress Software (NASDAQ:PRGS – Free Report) from a strong-buy rating to a buy rating in a research note issued to investors on Tuesday. Other research analysts have also recently issued research reports about the stock. Citigroup raised their target price on shares of Progress Software from $54.00 to $57.00 and gave […]

Plus: Microsoft fixes 78 vulnerabilities, VMWare plugs a flaw already used in attacks, and more critical updates from June.

"TSMC has recently been aware that one of our IT hardware suppliers experienced a cybersecurity incident which led to the leak of information pertinent to server initial setup and configuration," the company said. TMSC confirmed in a statement to Reuters that its business operations or customer information were not affected following the cybersecurity incident at its supplier Kinmax. The TSMC vendor breach is part of a larger trend of significant security incidents affecting various ...

Progress Software (NASDAQ:PRGS – Free Report) had its target price boosted by equities researchers at Oppenheimer from $63.00 to $66.00 in a report issued on Friday, The Fly reports. Oppenheimer’s price target would indicate a potential upside of 20.26% from the company’s current price. Other research analysts have also issued reports about the stock. JPMorgan […]

Analysts’ price target changes for Friday, June 30th: Airtel Africa (OTC:AAFRF) had its price target trimmed by JPMorgan Chase & Co. from GBX 160 ($2.03) to GBX 130 ($1.65). Accolade (NASDAQ:ACCD) had its target price raised by Wells Fargo & Company from $13.00 to $14.00. Accolade (NASDAQ:ACCD) had its target price boosted by Credit Suisse […]

Alarming statistics revealed in Cymulate's assessments as organizations continue to be at risk from MOVEit vulnerability.