Progress Software Corporation
- Progress Software Corp. eased 3.7% to $61.48 after the business applications software provider reported results for the fiscal second quarter ending on May 31.
Revenue increased to $237.35 million from $175.08 million, net income climbed to $17.03 million from $16.19 million, and diluted earnings per share rose to 39 cents from 37 cents a year ago.
The company guided third-quarter revenue to be between $237 million and $243 million, compared to $179 million, and diluted earnings per share between 29 cents and 35 cents, compared to 65 cents a year earlier, respectively.
For the full year, the software company revised higher its revenue outlook range between $962 million and $974 million, compared to $753.41 million, and diluted earnings per share between $1.27 and $1.43, compared to $1.54 a year ago, respectively.
The company’s previous full-year guidance was for revenue between $958 million and $970 million and GAAP diluted earnings per share between $1.19 and $1.35.
Jul 1, 2025 - Progress Software gained 0.2% to $57.90 after the infrastructure software developer reported results for the fiscal first quarter ending in February.
Revenue increased 29% to $238.01 million from $184.68 million, net income slumped 52% to $10.95 million from $22.64 million, and diluted earnings per share fell 53% to 24 cents from 51 cents a year ago.
During the quarter, the company repurchased $30 million of its shares and accelerated repayment of the revolving credit line used to partially finance the ShareFile acquisition, paying down $30 million.
The company guided for the second quarter non-GAAP revenue to be between $235 million and $241 million, compared to $175 million a year ago, and non-GAAP diluted earnings per share between $1.28 and $1.34, compared to $1.09 a year earlier.
For the full year ending in November, the software company estimated non-GAAP revenue to be between $958 million and $970 million, compared to $753.41 million a year ago, and non-GAAP diluted earnings per share between $5.00 and $5.12, compared to $4.93 in 2024.
Apr 2, 2025
| Year | Feb | May | Aug | Nov | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 0.53 | 0.27 | 0.42 | - | - | |
| 2022 | 0.46 | 0.66 | 0.5 | 0.53 | 2.15 | |
| 2021 | 0.42 | 0.3 | 0.7 | 0.34 | 1.76 | |
| 2020 | 0.46 | 0.37 | 0.53 | 0.4 | 1.76 | |
| 2019 | 0.21 | 0.18 | 0.3 | -0.11 | 0.58 | |
| 2018 | 0.29 | 0.33 | 0.37 | 0.39 | 1.08 | |
| 2017 | 0.31 | 0.37 | 0.41 | 0.60 | 1.69 | |
| 2016 | 0.18 | 0.21 | 0.32 | 0.55 | 1.05 | |
| 2015 | 0.22 | 0.27 | 0.26 | 0.46 | 1.21 | |
| 2014 | 0.21 | 0.25 | 0.22 | 0.28 | 0.96 | |
| 2013 | 0.53 | 0.07 | 0.46 | 0.29 | 1.35 | |
| 2012 | 0.12 | -0.03 | 0.09 | 0.56 | 0.74 | |
| 2011 | 0.29 | 0.26 | 0.13 | 0.19 | 0.88 | |
| 2010 | -0.02 | 0.29 | 0.14 | 0.31 | 0.73 | |
| 2009 | 0.06 | 0.11 | 0.09 | 0.27 | 0.53 | |
| 2008 | 0.19 | 0.22 | 0.20 | -0.13 | 0.48 | |
| 2007 | 0.13 | 0.13 | 0.20 | 0.18 | 0.64 | |
| 2006 | 0.09 | 0.12 | 0.14 | 0.10 | 0.45 | |
| 2005 | 0.15 | 0.19 | 0.20 | 0.21 | 0.75 |