Progress Software Stock (NASDAQ:PRGS)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$31.82

52W Range

$23.82 - $65.50

50D Avg

$29.29

200D Avg

$38.33

Market Cap

$1.33B

Avg Vol (3M)

$924.15K

Beta

0.83

Div Yield

$0.70

PRGS Company Profile


Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.

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Industry

Software - Application

Sector

Technology

Exchange

NASDAQ

ADR

-

Country

US

Employees

2,815

IPO Date

Jul 30, 1991

Website

PRGS Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceNov 25Nov 24Nov 23
Software Licenses$237.89M$249.33M$220.79M
Maintenance and Services$739.94M$504.08M$473.65M

Fiscal year ends in Nov 25 | Currency in USD

PRGS Financial Summary


Nov 25Nov 24Nov 23
Revenue$977.83M$753.41M$694.44M
Operating Income$153.29M$124.00M$110.52M
Net Income$73.13M$68.44M$70.20M
EBITDA$153.29M$124.00M$213.38M
Basic EPS$1.70$1.58$1.62
Diluted EPS$1.66$1.54$1.57

Fiscal year ends in Nov 25 | Currency in USD

Latest Earnings Call Transcripts


Q1 26Mar 30, 26 | 5:00 PM
Q4 25Jan 20, 26 | 5:00 PM
Q3 25Sep 29, 25 | 5:00 PM

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