Progress Software Corporation Stock News

Senior engineering leader to oversee Company's AI strategy and continued rapid development of AI-powered solutions across the global Progress product portfolio BURLINGTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the appointment of Ed Keisling as the Company's Chief AI Off...

Company's Recognition Based on Completeness of Vision and Ability to Execute BURLINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced its recognition in the 2025 Gartner Magic Quadrant for Digital Experience Platforms¹.

Progress announced the launch of Progress Data Cloud, a managed Data Platform as a Service simplifying enterprise data and AI operations in the cloud.

Progress Software Corporation has significant debt, but its valuation at 11x forward free cash flow makes it an attractive buy for patient investors. The company's main growth driver is disciplined M&A, with a focus on acquiring businesses with exceptional products and strong customer bases. Despite debt concerns, Progress is expected to deliver 30% y/y revenue growth in fiscal 2025, driven by ...

Progress Software Corporation (NASDAQ:PRGS ) Q4 2024 Earnings Conference Call January 21, 2025 5:00 PM ET Company Participants Michael Micciche - SVP, IR Yogesh Gupta - President and CEO Anthony Folger - CFO Conference Call Participants Fatima Boolani - Citi John DiFucci - Guggenheim Securities Ittai Kidron - Oppenheimer Bo Yin - Jefferies Pinjalim Bora - JPMorgan Operator Good day, and welcome...

Annualized Recurring Revenue grew 46% year-over-year2024 Cash Flow from Operations $212 million vs. $174 million last year, 22% growthShareFile Integration Underway BURLINGTON, Mass.

Company closes 2024 with multiple award recognitions for corporate social responsibility, workplace culture, inclusion and belonging, and more BURLINGTON, Mass., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced it has received multiple awards from prestigious organizations for its inclu...

ShareFile becomes the only AI-powered, document workflow and secure file sharing solution in AICPA's Member Discount Program BURLINGTON, Mass., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced its partnership with the American Institute of CPAs (AICPA), the world's largest member associ...