Earning Analysis
Welcome to our in-depth analysis of Progress Software Corp(PRGS) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Progress Software Corp earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q3 | 2025-09-29 | After Hours | 1.30 | 1.50 | +15.38 | 240.11M | 249.80M | +4.04 | +3.10 | +8.35 |
| FY2025Q2 | 2025-06-30 | After Hours | 1.30 | 1.40 | +7.69 | 237.23M | 237.36M | +0.05 | -13.03 | -19.27 |
| FY2025Q1 | 2025-03-31 | After Hours | 1.06 | 1.31 | +23.58 | 235.64M | 238.02M | +1.01 | +12.13 | +9.05 |
| FY2024Q4 | 2025-01-21 | After Hours | 1.22 | 1.33 | +9.02 | 211.26M | 214.96M | +1.75 | -9.86 | -11.90 |
| FY2024Q3 | 2024-09-24 | After Hours | 1.13 | 1.26 | +11.50 | 175.93M | 178.69M | +1.57 | +11.85 | +15.14 |
| FY2024Q2 | 2024-06-25 | - | 0.74 | 0.87 | +17.57 | 168.41M | 175.08M | +3.96 | -0.57 | +9.33 |
| FY2024Q1 | 2024-03-26 | - | 0.92 | 1.03 | +11.96 | 181.64M | 184.69M | +1.68 | -0.21 | -1.08 |
| FY2023Q4 | 2024-01-16 | - | 0.73 | 0.84 | +15.07 | 174.12M | 177.52M | +1.96 | -0.72 | +9.81 |
| FY2023Q3 | 2023-09-26 | - | 0.83 | 0.90 | +8.43 | 173.09M | 175.78M | +1.56 | -1.42 | -7.10 |
| - | 2023-06-29 | - | 0.68 | 0.87 | +27.94 | - | - | - | +2.39 | +5.95 |
PRGS Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Progress Software Corp reported performance for FY2025Q3, announced on 2025-09-29. The company achieved an EPS of 1.50, compared to analyst estimates of 1.30 by 15.38% . Revenue for the quarter reached 249.80M compared to expectations of 240.11M by 4.04% .
The stock price reacted with a 3.10% one-day change and a 8.35% five-day change following the earnings release. These movements reflect market reaction in Progress Software Corp growth trajectory and strategic initiatives.
PRGS Earnings Forecast
Looking ahead, Progress Software Corp(PRGS) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 252.86M and an EPS of 1.31.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 1.13%, while EPS estimates have been Revise Upward by 3.71%. For the upcoming Q4 2025, revenue estimates have been adjusted Revise Upward by 0.44% . These revisions correlate with a -0.53% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Progress Software Corp long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between PRGS's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward
+1.13%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
+3.71%
In Past 3 Month
Revenue Estimates for Q4 2025
Revise Upward
+0.44%
In Past 3 Month
Stock Price
Go Down
-0.53%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:978.18M
--
EPS Estimate-Annual FY 2025:5.53
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Stock Price43.33
PRGS Revenue and EPS Performance: A Historical Perspective
Progress Software Corp revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q3 (2025-09-29,After Hours):
EPS: 1.50 (Actual) vs.1.30 (Estimate) (15.38%)
Revenue: 249.80M (Actual) vs. 240.11M (Estimate) (4.04%)
Price Reaction: 3.10%(1-Day), 8.35%(5-Day)
FY2025Q2 (2025-06-30,After Hours):
EPS: 1.40 (Actual) vs.1.30 (Estimate) (7.69%)
Revenue: 237.36M (Actual) vs. 237.23M (Estimate) (0.05%)
Price Reaction: -13.03%(1-Day), -19.27%(5-Day)
FY2025Q1 (2025-03-31,After Hours):
EPS: 1.31 (Actual) vs.1.06 (Estimate) (23.58%)
Revenue: 238.02M (Actual) vs. 235.64M (Estimate) (1.01%)
Price Reaction: 12.13%(1-Day), 9.05%(5-Day)
Earnings Reaction
The chart below shows how PRGS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PRGS sees a +2.82% change in stock price 10 days leading up to the earnings, and a +1.97% change 10 days following the report. On the earnings day itself, the stock moves by +0.26%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in AUG/2025, the stock changed 3.10% on the day following the earnings release and then changed by 10.00% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Progress Software Corp (PRGS) Q3 2025 Earnings Call Summary
Positive
2025-09-29
The earnings call revealed strong financial performance with 40% revenue growth and a 19% EPS increase. The company increased its share repurchase authorization, indicating confidence in its financial health. The Q&A highlighted a strategic focus on AI and product innovation, with positive sentiment from analysts. Despite slightly conservative EBIT guidance, the overall outlook is optimistic. The company's market cap suggests moderate volatility, leading to a positive stock price prediction in the 2% to 8% range over the next two weeks.
Progress Software Corp (PRGS) Q2 2025 Earnings Call Summary
Positive
2025-06-30
The earnings call indicates strong financial performance with a 36% YoY revenue increase and an EPS beat. The guidance is optimistic, and the integration of ShareFile is ahead of schedule. Despite risks related to the Nuclia acquisition and debt levels, the AI-driven strategy and strategic M&A plans are positives. The Q&A reassures on temporary cash flow issues and highlights opportunities with Nuclia. The market cap suggests moderate volatility, leading to a likely positive stock movement of 2%-8%.
Progress Software Corp (PRGS) Q1 2025 Earnings Call Summary
Positive
2025-04-01
The earnings call highlights strong financial performance with EPS and revenue exceeding expectations, driven by ShareFile acquisition. The company maintains high margins and strong cash flow. Despite debt concerns, aggressive repayment and strategic M&A positioning are positive. The suspension of dividends is offset by share repurchases. The Q&A reveals healthy business conditions and strategic focus on SaaS, supporting growth. Overall, the positive financial metrics, strategic focus, and market positioning suggest a positive stock price movement, especially given the small-cap nature of the company.
Progress Software Corp (PRGS) Q1 2025 Earnings Call Summary
Neutral
2025-03-31
Despite strong financial metrics and revenue growth, the suspension of dividends and slight guidance adjustments cast a neutral sentiment. The acquisition of ShareFile adds potential but comes with integration risks. Regulatory and economic uncertainties, along with a significant debt load, further temper optimism. The market cap suggests moderate volatility, leading to a neutral stock price outlook.
Progress Software Corp (PRGS) Q1 2025 Earnings Call Summary
Positive
2025-03-31
The earnings call indicates strong financial performance with increased revenue and EPS, alongside optimistic guidance. The integration of ShareFile is progressing well, and the company is actively managing its debt. Despite some risks, including regulatory and competitive pressures, the overall sentiment is positive, supported by a slight increase in operating margin guidance and a strategic focus on SaaS acquisitions. However, the suspension of dividends and lowered share repurchase forecast slightly temper the positive outlook. Given the market cap, the stock is likely to see a positive movement of 2% to 8%.
Earnings call transcript: Progress Software beats Q3 2024 earnings estimates
Neutral
2025-01-21
The earnings report shows moderate financial performance with a slight revenue increase and strong EPS growth. However, the suspension of dividends and significant acquisition risks, including integration challenges and negative cash flow, balance the positives. The Q&A revealed some uncertainties, particularly in cross-selling opportunities, but also confidence in ShareFile's profitability. Given the company's market cap, the stock is likely to experience a neutral movement, as the market digests both the acquisition's potential and its inherent risks.
Progress Software Corporation (PRGS) Q3 2024 Earnings Call Summary
Neutral
2024-09-24
Basic financial performance is positive with revenue and EPS growth, but the dividend suspension and increased financial leverage from the ShareFile acquisition create concerns. The Q&A reveals confidence in ShareFile's profitability but highlights integration challenges and lack of cross-sell opportunities. The market cap indicates moderate sensitivity to news. Overall, the positive financial performance and guidance are offset by concerns over leverage and dividend suspension, leading to a neutral prediction.
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FAQ
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