Progress Software Corp (PRGS) revealed a profit for third quarter that Drops, from the same period last year
The company's earnings came in at $19.41 million, or $0.44 per share. This compares with $28.46 million, or $0.65 per share, last year.
Excluding items, Progress Software Corp reported adjusted earnings of $65.72 million or $1.50 per share for the period.
The company's revenue for the period rose 39.8% to $249.795 million from $178.686 million last year.
Progress Software Corp earnings at a glance (GAAP) :
-Earnings: $19.41 Mln. vs. $28.46 Mln. last year.-EPS: $0.44 vs. $0.65 last year.-Revenue: $249.795 Mln vs. $178.686 Mln last year.
-Guidance:Full year EPS guidance: $5.50 - $5.56Full year revenue guidance: $975 - $981 mln
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.