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Progress Software Corp (PRGS.OQ)

PRGS.OQ on NASDAQ Stock Exchange Global Select Market

41.17USD
8:59pm GMT
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$-0.23 (-0.56%)
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Latest Key Developments (Source: Significant Developments)

Progress Software Entered Into Amended & Restated Credit Agreement Providing For $123.75 Mln Secured Term Loan
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Progress Software Corp ::PROGRESS SOFTWARE - ‍ON NOV 20, CO ENTERED INTO AMENDED & RESTATED CREDIT AGREEMENT PROVIDING FOR $123.75 MILLION SECURED TERM LOAN.PROGRESS SOFTWARE - ‍ON NOV 20, CO ENTERED INTO AMENDED & RESTATED CREDIT AGREEMENT ALSO PROVIDING FOR $150 MILLION SECURED REVOLVING CREDIT FACILITY​.PROGRESS SOFTWARE - FACILITY MAY BE INCREASED BY UP TO ADDITIONAL $125 MILLION IF EXISTING/ ADDITIONAL LENDERS ARE WILLING TO MAKE INCREASED COMMITMENTS​.PROGRESS SOFTWARE CORP - ‍CREDIT FACILITY MATURES ON NOVEMBER 20, 2022​.  Full Article

Progress initiates quarterly dividend
Wednesday, 28 Sep 2016 

Progress Software Corp : Intends to continue to repurchase progress stock under existing $200 million authorization previously approved by board in March 2016 .Sets quarterly dividend of $0.125 per share.  Full Article

Progress Software reports Q3 EPS $0.15
Wednesday, 28 Sep 2016 

Progress Software Corp : . Progress reports 2016 fiscal third quarter results . Q3 earnings per share $0.15 . Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S . Q3 revenue $102.4 million versus I/B/E/S view $104.7 million . Sees FY 2016 Gaap Revenue $410-$413 million . GAAP revenue $412 - $415 million . Sees 2016 diluted earnings per share $0.61 - $0.63 . Sees 2016 adjusted diluted earnings per share $1.57 - $1.60 .FY2016 earnings per share view $1.61, revenue view $414.1 million -- Thomson Reuters I/B/E/S.  Full Article

Progress Software Corp says Q2 earnings per share $0.14
Wednesday, 29 Jun 2016 

Progress Software Corp : Progress reports 2016 fiscal second quarter results . Q2 earnings per share $0.14 . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Says Q2 diluted earnings per share was $0.33 . Sees fy 2016 gaap revenue $410 million - $416 million . Sees fy 2016 gaap earnings per share $0.63 - $0.68 . Sees fy 2016 non gaap revenue $412 million - $418 million . Sees fy 2016 non gaap earnings per share $1.57 - $1.63 . Sees Q3 gaap revenue $103 million - $106 million ; sees q3 non gaap revenue $103 million - $106 million . Sees Q3 gaap eps $0.17 - $0.20; sees q3 non gaap eps $0.43 - $0.46 . Fy2016 earnings per share view $1.59, revenue view $414.5 million -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.44, revenue view $106.1 million -- Thomson Reuters I/B/E/S . Qtrly gaap revenue $96.1 million versus $88.8 million . Qtrly non gaap revenue $96.7 million versus $100.9 million .Q2 revenue view $94.6 million -- Thomson Reuters I/B/E/S.  Full Article

Progress Software Corp says CFO Chris Perkins to retire
Wednesday, 30 Mar 2016 

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 

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

BRIEF-Progress Software Entered Into Amended & Restated Credit Agreement Providing For $123.75 Mln Secured Term Loan

* PROGRESS SOFTWARE - ‍ON NOV 20, CO ENTERED INTO AMENDED & RESTATED CREDIT AGREEMENT PROVIDING FOR $123.75 MILLION SECURED TERM LOAN