PRGS - Why Progress Software Stock Jumped After-Hours | Benzinga
Progress Software Corporation (NASDAQ: PRGS) shares are trading higher in Tuesday's after-hours session after the company reported fourth-quarter financial results.
What To Know: Progress Software reported quarterly earnings of $1.02 per share which exceeded the analyst consensus estimate of 91 cents.
The company reported quarterly sales of $177.50 million, clocking in above estimates of $174.05 million, an 11.51% increase over sales of $159.17 million from the same period last year.
Cash and cash equivalents were $127.0 million at the end ...