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home / news releases / PRGS - Progress Software Corporation (PRGS) Q1 2024 Earnings Call Transcript


PRGS - Progress Software Corporation (PRGS) Q1 2024 Earnings Call Transcript

2024-03-26 23:12:08 ET

Progress Software Corporation (PRGS)

Q1 2024 Earnings Conference Call

March 26, 2024 05:00 PM ET

Company Participants

Michael Micciche - VP, IR

Yogesh Gupta - CEO

Anthony Folger - CFO

Conference Call Participants

Ray McDonough - Guggenheim Securities

Fatima Boolani - Citigroup

Antonio Venturim - Jefferies

Pinjalim Bora - JPMorgan

Presentation

Operator

Good day and welcome to the Progress Software Corporation Q1 2024 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker, Mr. Mike Micciche, Senior Vice President of Investor Relations. Please go ahead.

Michael Micciche

Okay. Thank you, Sherry. Good to have you back with us. Good afternoon everybody and thanks for joining us for Progress Software's first quarter 2024 financial results conference call. On the line with me this afternoon are Yogesh Gupta, President and CEO; and Anthony Folger, our Chief Financial Officer.

Before we get started, let's go over our Safe Harbor statement. During this call, we will discuss our outlook for future financial and operating performance, corporate strategies, product plans, cost initiatives, and other information that might be considered forward-looking.

Such forward-looking information represents Progress Software's outlook and guidance only as of today and is subject to risks and uncertainties. For a description of the risk factors that may affect our results, please refer to the risk factors in our filings with the Securities and Exchange Commission. Progress Software assumes no obligation to update the forward-looking statements included in this call.

Additionally, please note that all the financial figures referenced on this call are non-GAAP measures unless otherwise indicated. You can find a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP figures in our financial results press release, which was issued after the market close today. This document contains additional information related to our financial results for the first quarter of 2024 and I recommend that you reference those for specific details....

For further details see:

Progress Software Corporation (PRGS) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Progress Software Corporation
Stock Symbol: PRGS
Market: NASDAQ
Website: progress.com

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