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Progress Software Corp Issues Q2 2013 Revenue Guidance Above Analysts' Estimates

Wednesday, 27 Mar 2013 04:20pm EDT 

Progress Software Corp announced that for the second quarter of 2013, it expects on a constant currency basis, revenue growth to be essentially flat compared to the fiscal second quarter of 2012. The Company reported revenue of $114.60 million in the second quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $82 million for the second quarter of 2013. 

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