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Progress Software (NASDAQ:PRGS – Free Report) updated its FY 2023 earnings guidance on Thursday. The company provided earnings per share guidance of $4.16-$4.24 for the period, compared to the consensus earnings per share estimate of $4.14. The company issued revenue guidance of $690.00 million-$698.00 million, compared to the consensus revenue estimate of $683.76 million. Progress […]
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 […]
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 […]
Progress Software (NASDAQ:PRGS – Free Report) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.98-1.02 for the period, compared to the consensus earnings per share estimate of $0.98. The company issued revenue guidance of $172-176 million, compared to the consensus revenue estimate of […]