{
Progress Software Corporation

Companies

}
Symbol PRGS
Name Progress Software Corporation
Currency USD
Sector Information Technology
IndustryGroup Software & Services
Industry Software
Market NASDAQ Global Select
Country United States
State MA
City Bedford
Zipcode 1730
Website http://www.progress.com
Track all markets on TradingView

Progress Software Reports Strong Earnings and Attracts Institutional Investment

Progress Software's stock surged 15% following a strong earnings report, with EPS of $1.26 surpassing estimates. The company, which has a market cap of $2.99 billion, reported a revenue increase of 1.7% year-over-year, reaching $178.69 million. Analysts maintain a "Moderate Buy" rating, with a consensus target price of $67.67. Insider transactions included CFO Anthony Folger selling 7,797 shares, reducing his stake by 18.76%. Zurcher Kantonalbank increased its position by 137.1%, now holding 23,685 shares valued at approximately $1.6 million.
MarketBeat
Progress Software Corporation USA Ian Pitter Glennie Anthony Folger
TradFi, Market Report
09:45 05.12.2024
Trending
Subcategory:
Stock Market Updates Corporate News Industry Trends Retail and Consumer Goods Banking Regulations Global Financial Events European Securities and Markets Authority Finance Mergers & Acquisitions Industry Mergers & Acquisitions Market Analysis and Predictions Central Bank Actions Inflation and Monetary Impact Supply Chain Management CEO Changes Workplace Trends Cryptocurrency Trends Foreign Exchange Rates Banking & Investment Regulations Financial Scams and Security Cryptocurrency Markets
Countries:
USA CHE CHN DEU FRA GBR SGP HKG JPN TWN SWE AUS IND ITA AUT KOR LIE ARE MYS NZL
Companies:
Apple Inc. Credit Suisse High Yield Bond Fund, Inc. Zalando SE Vivos Inc. Compagnie de Saint-Gobain S.A. Samsung Biologics Co.,Ltd. XIAOMI-W Spotify Technology S.A. UBS Group AG Michelin Tesmec S.p.A. UBS AG JPMorgan Chase & Co. SAP SE RICHEMONT, Intellectual Property Services Taiwan Semiconductor Manufacturing Co Ltd Berner Kantonalbank AG SentinelOne, Inc. IG Group Holdings plc Coinbase Global, Inc.
Currencies:
United States Dollar Euro Swiss Franc Chinese Yuan British Pound Sterling New Zealand Dollar Australian Dollar New Taiwan Dollar Singapore Dollar Indian Rupee Indonesian Rupiah South Korean Won Vietnamese Đồng Danish Krone Canadian Dollar Malaysian Ringgit Hong Kong Dollar Japanese Yen
People:
Donald Trump Joe Biden David Lesne Zuzanna Pusz Amber Liu Yashraj Rajani Graham Doyle Alan Estevez Toby Zhu Viktor Nebehaj Carsten Spohr Chris Sanders Karen Freifeld Doina Chiacu Thomas Borer Breon Corcoran Justin Sun Stewart Taylor Manik Narain Michael Briest

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.