Progress Software Corporation
PRGS-
Progress Software gained 0.2% to $57.90 after the infrastructure software developer reported results for the fiscal first quarter ending in February.
Revenue increased 29% to $238.01 million from $184.68 million, net income slumped 52% to $10.95 million from $22.64 million, and diluted earnings per share fell 53% to 24 cents from 51 cents a year ago.
During the quarter, the company repurchased $30 million of its shares and accelerated repayment of the revolving credit line used to partially finance the ShareFile acquisition, paying down $30 million.
The company guided for the second quarter non-GAAP revenue to be between $235 million and $241 million, compared to $175 million a year ago, and non-GAAP diluted earnings per share between $1.28 and $1.34, compared to $1.09 a year earlier.
For the full year ending in November, the software company estimated non-GAAP revenue to be between $958 million and $970 million, compared to $753.41 million a year ago, and non-GAAP diluted earnings per share between $5.00 and $5.12, compared to $4.93 in 2024.
Apr 2, 2025
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| Trading Volume | 10,613 |
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60.88 - 48.01 |
| Market Cap Full | $ 2.5B |
Quarterly +
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Q1 | -0% | -1.9% | 13.9% | -2.4% |
| Q2 | - | 2.7% | 1.1% | -3.8% |
| Q3 | - | -0.3% | -9.5% | -6.1% |
| Q4 | - | -3.6% | 4.1% | 18.6% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2025 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| 4.6 | -6.1 | -0.2 | -5.4 | 0.6 | 6.9 | 7.8 | -0.3 | - | - | - | -4.9 |
| 2023 | |||||||||||
| 5.1 | 8.3 | 0 | -4.5 | 9.3 | -3.2 | 3.4 | 1.3 | -13.6 | -2.3 | 4.8 | 0.8 |
| 2022 | |||||||||||
| -5.7 | -3.1 | 6.8 | 1.9 | 0.7 | -6.2 | 2.7 | 3.6 | -11.7 | 19.5 | 4.8 | -5.4 |
| 2021 | |||||||||||
| -11.1 | 5.9 | 3.6 | -1.9 | 3.1 | 3.8 | -1.8 | 2.6 | 5.7 | 4.5 | -5.8 | -0.4 |
| 2020 | |||||||||||
| 10.4 | -21.4 | -11.4 | 27.8 | -1.3 | -4.1 | -10 | 9.3 | -4.6 | -0.5 | 10.9 | 12.7 |
EPS
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Q1 | 0.5 | 0.5 | 0.4 | 0.5 |
| Q2 | 0.3 | 0.7 | 0.3 | 0.4 |
| Q3 | 0.4 | 0.5 | 0.7 | 0.5 |
| Q4 | 0 | 0.5 | 0.3 | 0.4 |
| A | 1.22 | 2.2 | 1.8 | 1.8 |