Progress Software (PRGS -3.4%) shares tumble at the open, as FQ1 earnings fell 64% on declining...

|About: Progress Software Corporation (PRGS)|By:, SA News Editor

Progress Software (PRGS -3.4%) shares tumble at the open, as FQ1 earnings fell 64% on declining software license revenue and CFO Charles Wagner Jr. will leave the business software company immediately. Results topped PRGS’s downbeat January forecast.