PRGS - Progress Software Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts | Benzinga
Progress Software Corporation (NASDAQ: PRGS) is expected to release earnings results for its first quarter, after the closing bell on March 26, 2024.
Analysts expect the Burlington, Massachusetts-based company to report quarterly earnings at $1.14 per share, down from $1.19 per share in the year-ago quarter. Progress Software is projected to report quarterly revenue of $181.91 million, according to data from Benzinga Pro.
On Feb. 27, Progress Software priced its upsized offering of $400 million 3.50% convertible senior notes due 2030.
Progress Software shares fell 0.8% to close at $52.48 on Friday.
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