Burlington-based Progress Software is acquiring yet another company for big bucks. This time, it’s paying $875 million to buy ShareFile, a business unit of Fort Lauderdale-based Cloud Storage Group.
Recent discussions on X about Progress Software Corporation (PRGS) have centered around the company's announcement of a new $1.5 billion revolving credit facility, a significant increase from its ...
Progress Software, the trusted provider of AI-powered digital experience and infrastructure software, is launching Progress Agentic RAG, a SaaS Retrieval-Augmented Generation (RAG) platform designed ...
6 analysts have expressed a variety of opinions on Progress Software (NASDAQ:PRGS) over the past quarter, offering a diverse set of opinions from bullish to bearish. In the table below, you'll find a ...
Hello, everyone, and welcome to Progress Software's Second Quarter 2025 Earnings Call. [Operator Instructions] Please note, this event is being recorded. Now it's my pleasure to turn the call over to ...
Progress Software boasts strong moats and cash generation, but growth has relied heavily on acquisitions, not organic expansion, limiting long-term appeal. Despite resilient revenue and peer-leading ...
Total revenue was up 2% on a year-over-year basis. Annualized recurring revenue totaled $582 million, “relatively flat” on a constant currency basis. Operating margin was 23%, while adjusted operating ...
Yogesh Gupta, CEO, began by highlighting another outstanding quarter, stating the company "outperformed on every metric as our business benefited from our customers' investments in their AI ...
Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. Its products and solutions include Chef, Corticon, DataDirect, Developer ...
Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. This result seems to violate one of my basic rules of investing: ...
An executive at Progress Software reported selling 23,194 shares of the company for $874K, based on a weighted average price of $37.69 per share on March 10–11, 2026. The transaction represented ...