Investing.com - Progress (NASDAQ: PRGS) reported second quarter EPS of $1.06, $0.16 better than the analyst estimate of $0.90. Revenue for the quarter came in at $179.2M versus the consensus estimate of $169.78M.
Guidance
Progress sees Q3 2023 EPS of $0.98-$1.02 versus the analyst consensus of $0.97.
Progress sees Q3 2023 revenue of $172.00M-$176.00M versus the analyst consensus of $171.00M.
Progress sees FY 2023 EPS of $4.16-$4.24 versus the analyst consensus of $4.14.
Progress sees FY 2023 revenue of $690.00M-$698.00M versus the analyst consensus of $683.80M.
Progress's stock price closed at $54.88. It is down -4.47% in the last 3 months and up 21.15% in the last 12 months.
Progress saw 0 positive EPS revisions and 7 negative EPS revisions in the last 90 days. See Progress's stock price’s past reactions to earnings here.
According to InvestingPro, Progress's Financial Health score is "good performance".
Check out Progress's recent earnings performance, and Progress's financials here.
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