Progress Software

PRGS

Market cap $1.98B

Modern SaaS platform streamlines secure file transfer automation—reducing manual processes, scripting and infrastructure overhead to improve compliance and boost productivity

Explore how Progress Software's (PRGS) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Investors with an interest in Computer - Software stocks have likely encountered both Progress Software (PRGS) and Intuit (INTU). But which of these two stocks presents investors with the better value opportunity right now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Company doubles local workforce, enhancing customer success, technical support, sales, human resources and operations across its AI-powered product portfolio SAN JOSÉ, Costa Rica, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the opening of its new Center of Excellence (CoE) in Heredia, Costa Rica. This marks a key milestone in Progress' global growth strategy and deepens its commitment to delivering high-quality products, services and support to its customers and partners worldwide.

Progress Software Corporation (NASDAQ:PRGS ) Q3 2025 Earnings Call September 29, 2025 5:00 PM EDT Company Participants Michael Micciche - Senior Vice President of Investor Relations Yogesh Gupta - CEO, President & Director Anthony Folger - Executive VP & CFO Conference Call Participants Fatima Boolani - Citigroup Inc., Research Division Lawrence Vensko - Guggenheim Securities, LLC, Research Division Nolan Bruce Jenevein - Oppenheimer & Co. Inc., Research Division Lucky Schreiner - D.A. Davidson & Co., Research Division Presentation Operator Hello, and thank you for standing by.

While the top- and bottom-line numbers for Progress Software (PRGS) give a sense of how the business performed in the quarter ended August 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Progress Software (PRGS) came out with quarterly earnings of $1.5 per share, beating the Zacks Consensus Estimate of $1.3 per share. This compares to earnings of $1.26 per share a year ago.

Annualized Recurring Revenue ("ARR") of $849 million Grew 47% year-over-year Revenue of $250 million Grew 40% year-over-year Raises Full Year Guidance for Revenue, Earnings Per Share, and Cash Flow

Purpose-built MCP connector combines Generative AI (GenAI) and Retrieval-Augmented Generation (RAG), delivering domain-specific coding support to maximize value from OpenEdge data and applications  BURLINGTON, Mass., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced early customer review and testing of the Progress® OpenEdge® MCP Connector for ABL, a purpose-built integration designed to accelerate development and modernization for Progress OpenEdge platform users.