Progress Software (PRGS) Tops Q3 EPS by 1c, Offers Q4 Guidance
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Progress Announces Third Quarter 2020 Financial Results
September 29, 2020 4:15 PM EDTRevenue Above Top End of Guidance Range Pending Acquisition of Chef Supports Long-Term Growth Strategy
BEDFORD, Mass., Sept. 29, 2020 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced financial results for its fiscal third quarter ended August 31, 2020, which are consistent with the preliminary results it announced on September 8, 2020.
Third Quarter 2020 Highlights:
Revenue of $109.7 million increased 3% year-over-year on an actual and constant currency basis.Non-GAAP revenue of $110.9 million decreased 4% on... More