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Progress Software Corp Q4 adjusted earnings Beat Estimates

Below are the earnings highlights for Progress Software Corp (PRGS):

-Earnings: $17.66 million in Q4 vs. -$4.74 million in the same period last year.
-EPS: $0.39 in Q4 vs. -$0.11 in the same period last year.
-Excluding items, Progress Software Corp reported adjusted earnings of $41.12 million or $0.91 per share for the period.
-Analysts projected $0.77 per share
-Revenue: $122.39 million in Q4 vs. $117.04 million in the same period last year.

-Guidance:
Next quarter EPS guidance: $0.72 - $0.76
Next quarter revenue guidance: $119 - $123 Mln

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