Progress Software (PRGS) puts active into Q2 and outlook

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Go back to Progress Software (PRGS) puts active into Q2 and outlook

Progress Software (PRGS) Tops Q2 EPS by 4c; Guides In-Line

June 29, 2016 4:20 PM EDT

Progress Software (NASDAQ: PRGS) reported Q2 EPS of $0.33, $0.04 better than the analyst estimate of $0.29. Revenue for the quarter came in at $96.7 million versus the consensus estimate of $94.64 million.

Phil Pead, CEO at Progress, said, "We are pleased with our second quarter... More