Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Initiation
Progress Software initiated with an Outperform at Oppenheimer » 16:20
07/14/21
07/14
16:20
07/14/21
16:20
PRGS

Progress Software

$45.15 /

-0.3 (-0.66%)

Oppenheimer analyst Ittai…

Oppenheimer analyst Ittai Kidron initiated coverage of Progress Software with an Outperform rating and $54 price target. He is bullish on the company's ability to defend its current footprint while executing an "aggressive" M&A growth strategy, said Kidron, who sees Progress being well-positioned to achieve $1B in annual revenue by FY25.

ShowHide Related Items >><<
PRGS Progress Software
$45.15 /

-0.3 (-0.66%)

PRGS Progress Software
$45.15 /

-0.3 (-0.66%)

06/08/21 Guggenheim
Progress Software initiated with a Buy at Guggenheim
08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
PRGS Progress Software
$45.15 /

-0.3 (-0.66%)

PRGS Progress Software
$45.15 /

-0.3 (-0.66%)

Over a month ago
Earnings
Progress Software raises FY21 EPS view to $3.46-$3.50 from $3.38-$3.42 » 16:23
06/24/21
06/24
16:23
06/24/21
16:23
PRGS

Progress Software

$46.08 /

+0.57 (+1.25%)

Consensus $3.40. Raises…

Consensus $3.40. Raises FY21 revenue view to $529M-$535M from $519M-$527M, consensus $525M. Anthony Folger, CFO, said: "We're very pleased with the performance of our core business and our continued success integrating Chef. Our second quarter results reflect strength across all product lines and we're very pleased with the growth in ARR and the improvement in our net retention rates, both of which were introduced as key metrics last quarter. At the same time, we are achieving acquisition synergies sooner than anticipated, which contributed to our strong profitability and cash flows. These results reinforce our optimism and increase our confidence, providing us with comfort to raise our FY21 guidance again this quarter."

ShowHide Related Items >><<
PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

06/08/21 Guggenheim
Progress Software initiated with a Buy at Guggenheim
08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
06/26/20 Benchmark
Progress Software price target raised to $43 from $39 at Benchmark
PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

Earnings
Progress Software sees Q3 EPS 81c-83c, consensus 85c » 16:22
06/24/21
06/24
16:22
06/24/21
16:22
PRGS

Progress Software

$46.08 /

+0.57 (+1.25%)

Sees Q3 revenue…

Sees Q3 revenue $129M-$132M, consensus $132.05M.

ShowHide Related Items >><<
PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

06/08/21 Guggenheim
Progress Software initiated with a Buy at Guggenheim
08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
06/26/20 Benchmark
Progress Software price target raised to $43 from $39 at Benchmark
PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

Earnings
Progress Software reports Q2 EPS 82c, consensus 72c » 16:19
06/24/21
06/24
16:19
06/24/21
16:19
PRGS

Progress Software

$46.08 /

+0.57 (+1.25%)

Reports Q2 revenue…

Reports Q2 revenue $122.49M, consensus $121.86M. Reports Q2 annualized recurring revenue, or ARR, of $437M increased 23% year-over-year on a constant currency basis. "We delivered a strong second quarter, which came in well ahead of our top- and bottom-line guidance ranges, demonstrating the success of our total growth strategy," said Yogesh Gupta, CEO at Progress. "Our outperformance was driven by a combination of strength in our core business coupled with our acquired DevOps products from Chef, which is achieving nearly all of the integration synergies we expected ahead of schedule. The combination of another quarter of outperformance in our core businesses along with Chef proceeding ahead of plan makes us increasingly confident in our expectations for a strong year."

ShowHide Related Items >><<
PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

06/08/21 Guggenheim
Progress Software initiated with a Buy at Guggenheim
08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
06/26/20 Benchmark
Progress Software price target raised to $43 from $39 at Benchmark
PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

PRGS Progress Software
$46.08 /

+0.57 (+1.25%)

Hot Stocks
Progress Software announces latest release of Progress Sitefinity Insight » 09:03
06/22/21
06/22
09:03
06/22/21
09:03
PRGS

Progress Software

$45.63 /

+0.33 (+0.73%)

Progress announced…

Progress announced powerful new digital marketing capabilities in the latest release of Progress Sitefinity Insight a SaaS analytics, personalization and optimization system. The company brings to market enhanced tools to help marketers adapt to the "new normal," easily pivot and deliver differentiated customer experiences. Progress also announced new enhancements in Progress Sitefinity Cloud, an enterprise-grade platform as a service for managing digital experience and improving operational efficiency.

ShowHide Related Items >><<
PRGS Progress Software
$45.63 /

+0.33 (+0.73%)

PRGS Progress Software
$45.63 /

+0.33 (+0.73%)

06/08/21 Guggenheim
Progress Software initiated with a Buy at Guggenheim
08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
06/26/20 Benchmark
Progress Software price target raised to $43 from $39 at Benchmark
PRGS Progress Software
$45.63 /

+0.33 (+0.73%)

PRGS Progress Software
$45.63 /

+0.33 (+0.73%)

PRGS Progress Software
$45.63 /

+0.33 (+0.73%)

Initiation
Progress Software initiated with a Buy at Guggenheim » 06:10
06/08/21
06/08
06:10
06/08/21
06:10
PRGS

Progress Software

$46.07 /

-0.08 (-0.17%)

Guggenheim analyst Ken…

Guggenheim analyst Ken Wong initiated coverage of Progress Software with a Buy rating and $56 price target.

ShowHide Related Items >><<
PRGS Progress Software
$46.07 /

-0.08 (-0.17%)

PRGS Progress Software
$46.07 /

-0.08 (-0.17%)

08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
06/26/20 Benchmark
Progress Software price target raised to $43 from $39 at Benchmark
PRGS Progress Software
$46.07 /

-0.08 (-0.17%)

PRGS Progress Software
$46.07 /

-0.08 (-0.17%)

PRGS Progress Software
$46.07 /

-0.08 (-0.17%)

Hot Stocks
Progress Software announces release of Progress DataDirect connectors » 09:09
06/01/21
06/01
09:09
06/01/21
09:09
PRGS

Progress Software

$44.53 /

-0.835 (-1.84%)

Progress announced the…

Progress announced the release of new Progress DataDirect connectors that seamlessly integrate with AWS Glue and dramatically simplify real-time data movement between a variety of data sources. The connectors are currently available in the AWS Marketplace. A serverless data integration service, AWS Glue makes it easy for anyone to discover, prepare and combine data for analytics, machine learning and custom application development on Amazon Web Services. While AWS Glue natively supports connectivity to AWS services, there is an ever-growing market of applications and databases that need to be accessed but are not directly accessible to AWS Glue processes. With DataDirect connectors for AWS Glue, users can easily access real-time data directly from AWS Glue, breaking down data silos to gain actionable insights.

ShowHide Related Items >><<
PRGS Progress Software
$44.53 /

-0.835 (-1.84%)

PRGS Progress Software
$44.53 /

-0.835 (-1.84%)

08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
06/26/20 Benchmark
Progress Software price target raised to $43 from $39 at Benchmark
PRGS Progress Software
$44.53 /

-0.835 (-1.84%)

PRGS Progress Software
$44.53 /

-0.835 (-1.84%)

PRGS Progress Software
$44.53 /

-0.835 (-1.84%)

Hot Stocks
Association of Legal Administrators selects Progress Sitefinity Cloud » 09:08
05/26/21
05/26
09:08
05/26/21
09:08
PRGS

Progress Software

$44.22 /

-0.3 (-0.67%)

Progress announced that…

Progress announced that the Association of Legal Administrators has chosen Progress Sitefinity Cloud as its content management system. With Sitefinity Cloud content management system, ALA is able to build compelling digital experiences and transform the performance of its website through streamlining infrastructure maintenance.

ShowHide Related Items >><<
PRGS Progress Software
$44.22 /

-0.3 (-0.67%)

PRGS Progress Software
$44.22 /

-0.3 (-0.67%)

08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
06/26/20 Benchmark
Progress Software price target raised to $43 from $39 at Benchmark
PRGS Progress Software
$44.22 /

-0.3 (-0.67%)

PRGS Progress Software
$44.22 /

-0.3 (-0.67%)

PRGS Progress Software
$44.22 /

-0.3 (-0.67%)

Hot Stocks
Progress Software announces latest release of Progress Kendo UI » 09:22
05/12/21
05/12
09:22
05/12/21
09:22
PRGS

Progress Software

$43.39 /

-0.07 (-0.16%)

Progress announced the…

Progress announced the latest release of Progress Kendo UI, a collection of JavaScript UI components with libraries for Angular, React, jQuery and Vue. With this release, Progress now delivers more than 100 native UI components for Angular and adds 60 new features and enhancements across all JavaScript libraries.

ShowHide Related Items >><<
PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
06/26/20 Benchmark
Progress Software price target raised to $43 from $39 at Benchmark
PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

Hot Stocks
Progress announces R2 2021 release of Progress Telerik » 09:11
05/12/21
05/12
09:11
05/12/21
09:11
PRGS

Progress Software

$43.39 /

-0.07 (-0.16%)

Progress announced the R2…

Progress announced the R2 2021 release of Progress Telerik, a powerful .NET developer tools collection available. With this release, Progress now provides over 75 native components for Microsoft Blazor, making it the largest UI component library for Blazor available. Progress also announced expansion of its already growing UI library for Microsoft WinUI and support for the newest .NET 6 preview

ShowHide Related Items >><<
PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

08/26/20 Wedbush
Progress Software assumed with an Outperform at Wedbush
06/26/20 Benchmark
Progress Software price target raised to $43 from $39 at Benchmark
PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

PRGS Progress Software
$43.39 /

-0.07 (-0.16%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.