Progress Software Corporation - Common Stock (PRGS)
63.59
+0.53 (0.84%)
NASDAQ · Last Trade: Jun 5th, 5:28 PM EDT
Detailed Quote
Previous Close
63.06
Open
63.20
Bid
55.88
Ask
65.16
Day's Range
63.07 - 63.81
52 Week Range
48.00 - 70.56
Volume
256,199
Market Cap
2.78B
PE Ratio (TTM)
49.68
EPS (TTM)
1.3
Dividend & Yield
0.7000 (1.10%)
1 Month Average Volume
436,203
Chart
About Progress Software Corporation - Common Stock (PRGS)
Progress Software Corporation is a global software company that specializes in developing application development and deployment solutions, data integration, and management tools. The company offers a comprehensive suite of software products that enable organizations to create, deploy, and manage applications efficiently across multiple platforms. Progress Software's offerings include advanced data connectivity solutions, application development frameworks, and tools for modernizing legacy systems, ultimately helping businesses to enhance their operational agility, streamline processes, and improve customer experiences. The company serves a diverse range of industries, providing technology that supports both traditional and cloud-native environments. Read More
ShareFile AI-powered, document workflow and file sharing platform with enhanced security offers industry-leading deep Microsoft 365 integration and features for enterprise teams
New AI capabilities in latest Progress Sitefinity release accelerate content creation, streamline digital asset management and enhance customer engagement
Annualized recurring revenue, a key operating metric, jumped 48% YoY to $836 million, with the growth rate accelerating from the 46% pace in the previous quarter.
Annualized Recurring Revenue ("ARR") of $836 million Grew 48% year-over-yearRevenue of $238 million Grew 29% year-over-yearShareFile Integration Underway
The Finchat-compiled consensus estimates call for adjusted earnings per share (EPS) of $1.06 and revenue of $235.64 million for the first quarter of the fiscal year 2025.
