Progress Software Corporation (PRGS) Tops Q2 EPS by 10c, Offers Q3 EPS Guidance
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Progress Software Announces Second Quarter 2025 Financial Results
June 30, 2025 4:15 PM EDTAnnualized Recurring Revenue ("ARR") of $838 million Grew 46% year-over-year
Revenue of $237 million Grew 36% year-over-year
Raises Full Year Guidance for Revenue, Operating Margin, Earnings Per Share, and Cash Flow
Acquires Agentic RAG AI Company
BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal second quarter ended May 31, 2025.
Second Quarter 2025 Highlights:
Revenue of $237 million increased 36% year-over-year on an... More