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Progress Software Corporation (PRGS)

- NASDAQ
  • Wed, Jul. 1, 4:43 PM
    • In addition to beating FQ2 estimates, Progress Software (NASDAQ:PRGS) has guided for FQ3 EPS of $0.35-$0.38 (favorable to a $0.35 consensus) and FY16 (ends Nov. '16) EPS guidance of $1.45-$1.52 (above a $1.42 consensus).
    • The app development software provider expects FQ3 revenue of $101M-$104M and FY16 revenue of $415M-$425M, in-line with consensus estimates of $103.2M and $419.2M.
    • Also: Progress has promoted Jerry Rulli, until now president of the company's OpenEdge software unit, to the newly-created position of COO. He'll now be responsible for the operations of all 3 of Progress' business units - OpenEdge, data connectivity/integration, and app development/deployment. The presidents of the last two units will report to Rulli.
    • Progress has risen to $29.70 AH.
    • FQ2 results, PR
    | Wed, Jul. 1, 4:43 PM | Comment!
  • Tue, Jan. 13, 5:42 PM
    | Tue, Jan. 13, 5:42 PM | 22 Comments
  • Sep. 25, 2014, 5:35 PM
    • Top gainers, as of 5:15 p.m.: PRGS +7.6%. NKE +6.2%. STV +5.7%. DMND +5.2%. WLT +4.2%.
    • Top losers, as of 5:15 p.m.: XIN -3.4%. BAX -2.2%. MNK -1.9%. DRD -1.9%. SPRT -1.8%.
    | Sep. 25, 2014, 5:35 PM | 2 Comments
  • Jun. 26, 2014, 5:34 PM
    • Top gainers, as of 5:15 p.m.: AWRE +13.6%. MTW +11.9%. PRGS +8.9%. NKE +3.2%. ETE +2.4%.
    • Top losers, as of 5:15 p.m.: ISIS -5.4%. SFM -2.7%. IG -2.3%. DD -2.2%. CTRP -1.5%.
    | Jun. 26, 2014, 5:34 PM | 2 Comments
  • Jun. 26, 2014, 4:19 PM
    • Progress Software (PRGS): FQ2 EPS of $0.37 beats by $0.03.
    • Revenue of $80.82M (-1.1% Y/Y) beats by $4.34M.
    • Shares +8.00% AH.
    • Press Release
    | Jun. 26, 2014, 4:19 PM | Comment!
  • Jan. 9, 2014, 4:22 PM
    • Progress Software (PRGS): FQ4 EPS of $0.43 beats by $0.02.
    • Revenue of $91.0M (+5% Y/Y) beats by $0.16M. Shares -9.8% AH. (PR)
    | Jan. 9, 2014, 4:22 PM | Comment!
  • Dec. 12, 2013, 9:56 AM
    • Intel (INTC +1.1%) has been upgraded to Neutral by Nomura. Citi and Drexel Hamilton upgraded shares last Friday.
    • Micron (MU +2%) has been upgraded to Buy by Nomura. Shares fell yesterday following an MKM report stating SK Hynix's Wuxi, China fab will be operational sooner than expected.
    • Xilinx (XLNX +1.7%) has been upgraded to Buy by Nomura. In addition, both Xilinx and rival Altera (ALTR +0.6%) have been started at Outperform by JMP.
    • iRobot (IRBT +2.2%) has been upgraded to Neutral by JPMorgan.
    • Synchronoss (SNCR +6.8%) has been upgraded to Strong Buy by Raymond James.
    • Teradata (TDC -2%) has been cut to Sector Perform by RBC. Shares are making new 52-week lows.
    • Texas Instruments (TXN -0.7%) and SanDisk (SNDK -2.3%) have been cut to Reduce by Nomura. TI provided an in-line mid-quarter update on Monday, while SanDisk fell in tandem with Micron yesterday.
    • Sigma Designs (SIGM -17.8%) has been cut to Hold by Needham after missing FQ3 estimates.
    • Progress Software (PRGS -7.5%) has been cut to Market Perform by JMP.
    | Dec. 12, 2013, 9:56 AM | Comment!
  • Sep. 25, 2013, 4:24 PM
    • Progress Software (PRGS): FQ3 EPS of $0.27 beats by $0.03.
    • Revenue of $77.6M beats by $0.9M. Shares +2.36% AH. (PR)
    | Sep. 25, 2013, 4:24 PM | Comment!
  • Jun. 26, 2013, 5:30 PM
    After-hours top gainers, as of 5:15 p.m.: GUNR +16%. PRGS +9%. GORO +5%. DRWI +5%. IAU +4%.
    After-hours top losers: PEI -8%. SIR -6%. YELP -5%. MLHR -4%. PAYX -3%.
    | Jun. 26, 2013, 5:30 PM | Comment!
  • Jun. 26, 2013, 4:30 PM
    Progress Software (PRGS): FQ2 EPS of $0.27 beats by $0.06. Revenue of $81.7M beats by $2.66M. Shares +2.25% AH. (PR)
    | Jun. 26, 2013, 4:30 PM | Comment!
  • Jan. 3, 2013, 4:17 PM
    Progress Software (PRGS): Q4 EPS of $0.42 beats by $0.09. Revenue of $121.7M beats by $5.39M. Shares -2.8% AH. (PR)
    | Jan. 3, 2013, 4:17 PM | Comment!
  • Dec. 4, 2012, 5:01 PM
    Tibco (TIBX) -14.7% AH after warning it expects to report FQ4 (ended Nov. 30) revenue of $292M-$295M and EPS of $0.37-$0.38, below a consensus of $316M and $0.44. Tibco blames a mix of soft government spending, Sandy-related deal delays, and poor execution in its infrastructure (i.e. middleware) business, particularly in the Americas. The FQ4 report arrives on Dec. 20. It could be a rough day for enterprise software stocks tomorrow: QLIK -3.7%. PRGS -1.4%. RHT -2.3%. INFA -1.1%. CTXS -1%. ORCL -0.9%. SAP -0.8%.
    | Dec. 4, 2012, 5:01 PM | Comment!
  • Oct. 18, 2012, 12:25 PM
    Progress Software (PRGS +6.1%) pops after announcing a deal to sell 4 product lines to private software firm Trilogy Enterprises for $114M. Progress says the product lines have generated $83M in sales this year, and that their divestment will leave only two more lines to be sold as part of the company's efforts to rid itself of "non-core" offerings. (CEO resignation/guidance withdrawal)
    | Oct. 18, 2012, 12:25 PM | Comment!
  • Oct. 8, 2012, 9:06 AM
    Progress Software (PRGS) -8.1% after announcing CEO Jay Bhatt is resigning as of Dec. 7, and withdrawing its guidance for FQ4 (Nov. quarter) constant currency Y/Y revenue growth of -2% to +1%. Phil Pead, previously non-executive chairman, has been named executive chairman while a search begins for a new CEO. (PR)
    | Oct. 8, 2012, 9:06 AM | Comment!
  • Sep. 27, 2012, 2:44 PM
    Progress 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.
    | Sep. 27, 2012, 2:44 PM | Comment!
  • Jun. 27, 2012, 4:46 PM
    Progress Software (PRGS): FQ2 EPS of $0.21 beats by $0.04. Revenue of $114.6M beats by $2M. Shares -3.1% AH.
    | Jun. 27, 2012, 4:46 PM | Comment!
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Company Description
Progress Software Corporation is asoftware company that simplifies the development, deployment and management of business applications on-premise or in the cloud, on any platform or device, to any data source.
Sector: Technology
Country: United States