Edition:
India

Progress Software Corp (PRGS.OQ)

PRGS.OQ on NASDAQ Stock Exchange Global Select Market

52.51USD
17 Jan 2018
Change (% chg)

$0.15 (+0.29%)
Prev Close
$52.36
Open
$52.78
Day's High
$53.58
Day's Low
$52.41
Volume
237,679
Avg. Vol
152,159
52-wk High
$53.58
52-wk Low
$27.16

Latest Key Developments (Source: Significant Developments)

Progress Software Reports Q4 EPS of $0.34
Thursday, 11 Jan 2018 

Jan 10 (Reuters) - Progress Software Corp ::PROGRESS REPORTS 2017 FISCAL FOURTH QUARTER AND YEAR END RESULTS.Q4 GAAP EARNINGS PER SHARE $0.34.Q4 NON-GAAP EARNINGS PER SHARE $0.67.Q4 EARNINGS PER SHARE VIEW $0.61 -- THOMSON REUTERS I/B/E/S.Q4 NON-GAAP REVENUE $116.3 MILLION VERSUS I/B/E/S VIEW $114.3 MILLION.QTRLY GAAP REVENUE WAS $116.1 MILLION COMPARED TO $117.7 MILLION IN SAME QUARTER LAST YEAR.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $2.29 TO $2.35 .ADJUSTED REVENUE WAS $116.3 MILLION DURING QUARTER COMPARED TO $118.0 MILLION IN SAME QUARTER LAST YEAR.SEES GAAP ‍REVENUE OF $398 MILLION TO $404​ MILLION FOR FY 2018.SEES ‍Q1 2018 GAAP REVENUE OF $90 MILLION TO $93​ MILLION.SEES FY 2018 GAAP EARNINGS PER SHARE BETWEEN $1.14 TO $1.21‍​.SEES Q1 2018 ADJUSTED EARNINGS PER SHARE $0.46 TO $0.48.SEES Q1 2018 EARNINGS PER SHARE $0.15 TO $0.19.‍CURRENCY TRANSLATION IMPACT ON FISCAL 2018 GAAP, NON-GAAP DILUTED EPS GUIDANCE IS ABOUT $0.01​.  Full Article

Progress Software Entered Into Amended & Restated Credit Agreement Providing For $123.75 Mln Secured Term Loan
Tuesday, 28 Nov 2017 

Nov 27 (Reuters) - Progress Software Corp ::PROGRESS SOFTWARE - ‍ON NOV 20, CO ENTERED INTO AMENDED & RESTATED CREDIT AGREEMENT PROVIDING FOR $123.75 MILLION SECURED TERM LOAN.PROGRESS SOFTWARE - ‍ON NOV 20, CO ENTERED INTO AMENDED & RESTATED CREDIT AGREEMENT ALSO PROVIDING FOR $150 MILLION SECURED REVOLVING CREDIT FACILITY​.PROGRESS SOFTWARE - FACILITY MAY BE INCREASED BY UP TO ADDITIONAL $125 MILLION IF EXISTING/ ADDITIONAL LENDERS ARE WILLING TO MAKE INCREASED COMMITMENTS​.PROGRESS SOFTWARE CORP - ‍CREDIT FACILITY MATURES ON NOVEMBER 20, 2022​.  Full Article

Progress initiates quarterly dividend
Thursday, 29 Sep 2016 

Progress Software Corp : Intends to continue to repurchase progress stock under existing $200 million authorization previously approved by board in March 2016 .Sets quarterly dividend of $0.125 per share.  Full Article

Progress Software reports Q3 EPS $0.15
Thursday, 29 Sep 2016 

Progress Software Corp : . Progress reports 2016 fiscal third quarter results . Q3 earnings per share $0.15 . Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S . Q3 revenue $102.4 million versus I/B/E/S view $104.7 million . Sees FY 2016 Gaap Revenue $410-$413 million . GAAP revenue $412 - $415 million . Sees 2016 diluted earnings per share $0.61 - $0.63 . Sees 2016 adjusted diluted earnings per share $1.57 - $1.60 .FY2016 earnings per share view $1.61, revenue view $414.1 million -- Thomson Reuters I/B/E/S.  Full Article

Progress Software Corp says Q2 earnings per share $0.14
Thursday, 30 Jun 2016 

Progress Software Corp : Progress reports 2016 fiscal second quarter results . Q2 earnings per share $0.14 . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Says Q2 diluted earnings per share was $0.33 . Sees fy 2016 gaap revenue $410 million - $416 million . Sees fy 2016 gaap earnings per share $0.63 - $0.68 . Sees fy 2016 non gaap revenue $412 million - $418 million . Sees fy 2016 non gaap earnings per share $1.57 - $1.63 . Sees Q3 gaap revenue $103 million - $106 million ; sees q3 non gaap revenue $103 million - $106 million . Sees Q3 gaap eps $0.17 - $0.20; sees q3 non gaap eps $0.43 - $0.46 . Fy2016 earnings per share view $1.59, revenue view $414.5 million -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.44, revenue view $106.1 million -- Thomson Reuters I/B/E/S . Qtrly gaap revenue $96.1 million versus $88.8 million . Qtrly non gaap revenue $96.7 million versus $100.9 million .Q2 revenue view $94.6 million -- Thomson Reuters I/B/E/S.  Full Article

Progress Software Corp says CFO Chris Perkins to retire
Thursday, 31 Mar 2016 

Progress Software Corp:Says Chris E. Perkins, CFO, has informed company that he plans to retire.Says will commence a search for a new CFO shortly.  Full Article

BRIEF-Progress Software Reports Q4 EPS of $0.34

* PROGRESS REPORTS 2017 FISCAL FOURTH QUARTER AND YEAR END RESULTS