Progress Software Corp (PRGS.OQ) Key Developments | Reuters.com
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Progress Software Corp (PRGS.OQ)

PRGS.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Progress Software Corp says CFO Chris Perkins to retire
Wednesday, 30 Mar 2016 04:20pm EDT 

Progress Software Corp:Says Chris E. Perkins, CFO, has informed company that he plans to retire.Says will commence a search for a new CFO shortly.  Full Article

Progress Software Corp gives FY, Q1 2016 guidance
Tuesday, 12 Jan 2016 04:44pm EST 

Progress Software Corp:Sees FY 2016 Non-GAAP revenue is expected to be between $427 million and $433 million.Sees FY 2016 Non-GAAP earnings per share is expected to be between $1.59 and $1.65.Sees FY 2016 Non-GAAP operating margin is expected to be between 29% and 30%.Sees FY 2016 Adjusted free cash flow is expected to be between $97 million and $102 million.Sees FY 2016 Non-GAAP effective tax rate is expected to be approximately 33%.Sees Q1 2016 Non-GAAP revenue is expected to be between $92 million and $94 million.Sees Q1 2016 Non-GAAP earnings per share is expected to be between $0.27 and $0.29.  Full Article

Progress Software Corp raises FY 2015 EPS guidance; lowers FY 2015 revenue guidance; gives Q4 2015 guidance; revenue guidance below analysts estimates
Thursday, 1 Oct 2015 04:16pm EDT 

Progress Software Corp:Expects FY 2015 Non-GAAP revenue is expected to be between $410 million and $415 million (previously $415-$425 million);.Expects FY 2015 Non-GAAP earnings per share is expected to be between $1.51 and $1.55 (previously $1.45-$1.52);.Expects Q4 2015 Non-GAAP revenue is expected to be between $113 million and $118 million; and Non-GAAP earnings per share is expected to be between $0.47 and $0.51.FY 2015 revenue of $421 mln and EPS of $1.49- Thomson Reuters I/B/E/S.Q4 2015 revenue of $122 mln and EPS of $0.47 - Thomson Reuters I/B/E/S.  Full Article

Progress Software Corp raises FY 2015 EPS guidance; reaffirms FY 2015 revenue guidance; gives Q3 2015 guidance in line with analysts estimates
Wednesday, 1 Jul 2015 04:15pm EDT 

Progress Software Corp:FY 2015 Non-GAAP revenue is expected to be between $415 million and $425 million (unchanged).Expects FY 2015 Non-GAAP earnings per share to be between $1.45 and $1.52.Expects Q3 2015 Non-GAAP revenue to be between $101 mln and $104 mln.Expects Q3 2015 Non-GAAP earnings per share to be between $0.35 and $0.38.FY 2015 revenue of $419 mln and EPS of $1.42- Thomson Reuters I/B/E/S.Q3 2015 revenue of $103 mln and EPS of $0.35 - Thomson Reuters I/B/E/S.  Full Article

Progress Software Corp lowers FY 2015 guidance
Wednesday, 1 Apr 2015 04:30pm EDT 

Progress Software Corp:Says that for FY 2015 it expects Non-GAAP revenue to be between $415 million and $425 million (previously $425 million and $435 million).Sees FY 2015 Non-GAAP earnings per share to be between $1.35 and $1.45 (previously $1.37 and $1.47).  Full Article

Progress Software Corp gives FY 2015 mixed guidance; gives Q1 2015 mixed guidance
Tuesday, 13 Jan 2015 04:30pm EST 

Progress Software Corp:Says FY 2015 Non-GAAP revenue is expected to be between $425 million and $435 million.Says FY 2015 Non-GAAP earnings per share is expected to be between $1.37 and $1.47.Says Q1 2015 Non-GAAP revenue is expected to be between $93 million and $96 million.Says Q1 2015 Non-GAAP earnings per share is expected to be between $0.22 and $0.24.FY 2015 revenue of $351 million and EPS of $1.52- Thomson Reuters I/B/E/S.Q1 2015 revenue of $80 million and EPS of $0.32 - Thomson Reuters I/B/E/S.  Full Article

Progress Software Corp completes acquisition of telerik
Tuesday, 2 Dec 2014 08:00am EST 

Progress Software Corp:Completes acquisition of Telerik AD, a provider of tools and technologies to address the entire application development lifecycle.Acquired Telerik for an aggregate purchase price of about $262.5 million.Progress funded the purchase price from a combination of existing cash resources and a $150 million term loan, which is part of a new $300 million term and revolving credit facility with JPMorgan Chase Bank, N.A. and a syndicate of other lenders.  Full Article

Progress Software Corp announces intent to acquire Telerik
Wednesday, 22 Oct 2014 08:30am EDT 

Progress Software Corp:Enters into definitive agreement to acquire privately held Telerik AD for $262.5 mln.Combination of Progress and Telerik will create comprehensive cloud and on-premise platform offering that enables developers to rapidly create beautiful applications driven by data for any device or cloud.  Full Article

Progress Software Corp Acquires Chesapeake Utilities Corp's BravePoint
Wednesday, 1 Oct 2014 12:00pm EDT 

Progress Software Corp:Acquires BravePoint, Inc., a Georgia-based subsidiary of Chesapeake Utilities Corporation.  Full Article

Progress Software Corp lowers upper end of FY 2014 revenue guidance to a range in line with analysts' estimates; raises FY 2014 EPS guidance; gives Q4 2014 guidance
Thursday, 25 Sep 2014 04:15pm EDT 

Progress Software Corp:Updates guidance for FY 2014.Says for FY 2014 revenue is expected to be between $331 mln and $335 mln.Says for FY 2014 non-GAAP earnings per share is expected to be between $1.47 and $1.50.Says for Q4 2014 revenue is expected to be between $96 mln and $100 mln.Says for Q4 2014 Non-GAAP earnings per share is expected to be between $0.44 and $0.47.FY 2014 revenue of $331 mln and EPS of $1.42- Thomson Reuters I/B/E/S.Q4 2014 revenue of $96 million and EPS of $0.44 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Progress Software reports q1 earnings per share of $0.06

* Sees fy non-gaap revenue is expected to be between $414 million and $420 million