Progress Software Corporation Stock News

Enduring partnership highlights both companies' dedication to providing cutting-edge cybersecurity solutions for customers throughout the Middle East BURLINGTON, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced 10 years of partnership with emt Distribution—a leading cybersecurity distributor in the Midd...

ShareFile's AI-powered, document-centric collaboration platform expands Progress' industry-leading product portfolio and marks a major milestone in the company's Total Growth Strategy BURLINGTON, Mass., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the completion of the acquisition of ShareFile, a business ...

Accomplished industry leader with proven track record in developing people strategies and creating impactful employee experiences for global multi-billion-dollar organizations to enhance award-winning best employer BURLINGTON, Mass., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the appointment of Amanda Ar...

IP Address Indexing is the first in a series of major performance and scalability enhancements to the Flowmon AI-powered Network Detection and Response & Network Visibility offerings. BURLINGTON, Mass.

Announced during the OpenEdge World Tour and PUG Challenge Americas event, the awards recognize partners for their exemplary collaboration, modern business applications and exceptional commitment to customers BURLINGTON, Mass., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Progress, the trusted provider of AI-powered infrastructure software, today announced the winners of its 2024 OpenEdge North America Pa...

Shares of Progress Software (NASDAQ: PRGS) surged to near all-time highs in pre-market trading today, jumping over 6% following the release of its impressive Q3 2024 earnings results yesterday. The company posted adjusted earnings per share (EPS) of $1.26, surpassing Wall Street's estimates by $0.

Progress Software's acquisition of ShareFile is a game-changer, expected to significantly boost recurring revenue and operating margins despite short-term cash flow challenges. PRGS is trading at an attractive valuation of 11x next year's free cash flow, making $60 per share a bargain entry point. Despite competitive pressures from Microsoft and IBM, Progress Software's diverse product portfoli...

Progress Software Corporation (NASDAQ:PRGS ) Q3 2024 Earnings Conference Call September 25, 2024 5:00 PM ET Company Participants Michael Micciche - Senior Vice President, Investor Relations Yogesh Gupta - President and Chief Executive Officer Anthony Folger - Chief Financial Officer Conference Call Participants John DiFucci - Guggenheim Securities Lucky Schreiner - D.A. Davidson Bo Yin - Jeffer...