Progress Reports 2018 Third Quarter Results, Announces 11% Dividend Increase
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Progress Software (PRGS) PT Lowered to $38 at Wedbush
September 28, 2018 7:25 AM EDTWedbush analyst Steve Koenig lowered the price target on Progress Software (NASDAQ: PRGS) to $38.00 (from $39.00) while maintaining a Neutral rating.
The analsyt said the OpenEdge outlook disappoints.
... MoreProgress Software (PRGS) Tops Q3 EPS by 2c, Revenues Miss; Offers FY18 EOPS/Revenue Outlook Below Consensus
September 27, 2018 4:18 PM EDTProgress Software (NASDAQ: PRGS) reported Q3 EPS of $0.60, $0.02 better than the analyst estimate of $0.58. Revenue for the quarter came in at $95.7 million versus the consensus estimate of $96.98 million.
We are pleased with our Q3 and year-to-date performance, and with the growing... More
