- Progress Software press release ( NASDAQ: PRGS ): Q4 Non-GAAP EPS of $1.12 beats by $0.03 .
- Revenue of $157.13M (+12.2% Y/Y) misses by $5.91M .
- Annualized Recurring Revenue of $497 million increased 3.5% year-over-year on a constant currency basis.
- Operating margin was 19% and Non-GAAP operating margin was 39%.
- Q1 Non-GAAP Outlook: Revenue $157 - $161M, EPS $1.04 - $1.08.
- 2023 Non-GAAP Outlook: Revenue $675 - $685M, EPS $4.09 - $4.17, Operating margin 38%, Adjusted free cash flow $175 - $185M.
- Shares +0.37% .
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Progress Software Non-GAAP EPS of $1.12 beats by $0.03, revenue of $157.13M misses by $5.91M