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
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Progress Software Q1 Earnings Preview: Too Much Uncertainty For Now