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Progress Software Corporation (DE)

Logo Progress Software Corporation (DE)

Technology

Computer Software: Prepackaged Software

Nasdaq

as 04-12-2024 4:00pm EST

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Progress Software Corporation is a provider of cloud-based security solutions to large-and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and it also has presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.

Founded: 1981 Country:
United States
United States
Employees: N/A City: BURLINGTON
Market Cap: 2.2B IPO Year: 1991
Target Price: $64.60 AVG Volume (30 days): 640.7K
Analyst Decision: Buy Number of Analysts: 5
Dividend Yield: 1.37% Dividend Payout Frequency: Quarterly
EPS: 1.54 EPS Growth: -30.94
52 Week Low/High: $49.02 - $62.34 Next Earning Date: 03-26-2024
Revenue: $714,898,000 Revenue Growth: 15.06%
Revenue Growth (this year): 6.71% Revenue Growth (next year): 4.27%

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