Progress Software Corporation (PRGS) Tops Q4 EPS by 3c, Offers Guidance
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Progress Reports 2022 Fiscal Fourth Quarter and Year End Results
January 17, 2023 4:15 PM ESTQ4 EPS Ahead of Guidance
Definitive Agreement to Acquire MarkLogic Expected to Drive Significant Growth
BURLINGTON, Mass., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal fourth quarter and fiscal year ended November 30, 2022.
Fourth Quarter 2022 Highlights1:
Revenue of $157.1 million increased 12% year-over-year on an actual currency basis and 16% year-over-year on a constant currency basis.Non-GAAP revenue of $159.2 million increased 11%... More