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home / news releases / PRGS - Progress Software Q1 Earnings Preview: Too Much Uncertainty For Now


PRGS - Progress Software Q1 Earnings Preview: Too Much Uncertainty For Now

2024-03-20 14:00:31 ET

Summary

  • Progress Software Corporation is set to report Q1 '24 earnings, with revenue expected to be between $180m to $184m and EPS between $1.12 to $1.16.
  • Analysts are predicting revenue of around $181.64m and non-GAAP EPS of $1.14, aligning with the company's guidance.
  • The company's acquisition of MarkLogic has yet to fully integrate, and the data breach incident is still ongoing, leading to uncertainties for the company's efficiency and profitability.

Introduction

For further details see:

Progress Software Q1 Earnings Preview: Too Much Uncertainty For Now
Stock Information

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

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