Reports Q3 revenue $178.69M, consensus $175.94M. Yogesh Gupta, CEO of Progress said: “This is a very exciting time for Progress. Our Q3 results were ahead of our guidance, and I am extremely pleased with our execution during the quarter. What’s more exciting is our proposed acquisition of ShareFile, which we announced two weeks ago. We expect the deal to close before the end of our fiscal year, and we are eager to begin the work of integrating ShareFile’s people and products into the Progress team.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRGS:
- Options Volatility and Implied Earnings Moves Today, September 24, 2024
- Options Volatility and Implied Earnings Moves This Week, September 23 – September 26, 2024
- PRGS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Progress Awards 7 Scholarships Across the Globe for its 2024 Women in STEM Scholarship Series
- Progress Brings Industry Leaders Together to Share Insights on AI and Data at MarkLogic World Tour US 2024
Questions or Comments about the article? Write to editor@tipranks.com