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Progress Software (PRGS +12.2%) soars after posting its FQ3 report. Though results were mixed -...
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Thursday, September 27, 2012, 2:44 PM ETProgress Software (PRGS +12.2%) soars after posting its FQ3 report. Though results were mixed - EPS of $0.31 beat by $0.07, but revenue of $107.2M (-14% Y/Y) missed by $5.1M - the BPM software provider guided for FQ4 constant currency Y/Y revenue growth of -2% to +1% for its core ops - that's likely a little better than a consensus for an 8.2% total revenue drop in actual dollars.
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