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Progress Software (NASDAQ:PRGS – Get Free Report) issued its quarterly earnings data on Tuesday. The software maker reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.08, Briefing.com reports. The company had revenue of $175.78 million for the quarter, compared to analysts’ expectations of $173.27 million. Progress Software had a return […]
Progress Software (NASDAQ:PRGS – Get Free Report) updated its fourth quarter 2023 earnings guidance on Tuesday. The company provided earnings per share guidance of $0.87-$0.93 for the period, compared to the consensus earnings per share estimate of $0.98. The company issued revenue guidance of $171.00 million-$177.00 million, compared to the consensus revenue estimate of $175.92 […]
Van Lanschot Kempen Investment Management N.V. reduced its holdings in shares of Progress Software Co. (NASDAQ:PRGS – Free Report) by 60.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,086 shares of the software maker’s stock after selling 188,920 shares during […]
Sawgrass Asset Management LLC boosted its position in shares of Progress Software Co. (NASDAQ:PRGS – Free Report) by 15.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,466 shares of the software maker’s stock after acquiring an additional 870 shares during […]
Progress Software (NASDAQ:PRGS – Get Free Report) had its price objective boosted by equities researchers at Citigroup from $57.00 to $62.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the software maker’s stock. Citigroup’s price target would indicate a potential upside of […]