PRGS Stock Recent News

Prestigious honor recognizes Egan's outstanding contributions to corporate governance and board leadership BURLINGTON, Mass., April 24, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that its Board Chair, John R.

Progress Software strengthens Sitefinity content management platform with new AI capabilities to power digital experiences.

BURLINGTON, Mass., April 10, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the latest AI innovations in Progress® Sitefinity® content management platform.

Progress Software Co. NASDAQ: PRGS offers artificial intelligence (AI)-powered infrastructure and business application development platforms. Its services enable businesses to better manage and leverage their data with AI-powered tools.

I'm downgrading Progress Software to a neutral rating, as its relative valuation against the broader market is no longer as compelling. After the company's integration of its major ShareFile acquisition, its ARR has declined sequentially, while net revenue retention rates remain low. Despite Progress' low P/E ratio and recent guidance boost, its slow organic growth and elevated debt make other software stocks more attractive buys.

PRGS' first-quarter fiscal 2025 results benefit from strong demand, strategic acquisition, and an improved financial outlook.

Advanced capabilities strengthen data security, streamline workflows and accelerate document collection by nearly 3.5x BURLINGTON, Mass., April 02, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced purpose-built AI in Progress® ShareFile®, the SaaS-native document collaboration platform.

Managed file transfer solution recognized for excellence based on user reviews BURLINGTON, Mass., April 01, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that its Progress® MOVEit® managed file transfer (MFT) software has been recognized with a 2025 Best Software Award from G2 in the Best IT Infrastructure Products category.

Progress Software Corporation (NASDAQ:PRGS ) Q1 2025 Earnings Conference Call March 31, 2025 5:00 PM ET Company Participants Michael Micciche - SVP, IR Yogesh Gupta - President and CEO Anthony Folger - CFO Conference Call Participants Fatima Boolani – Citi Pinjalim Bora - JPMorgan Lucky Schreiner - D. A. Davidson John DiFucci - Guggenheim Securities Operator Good day, and thank you for standing by.

While the top- and bottom-line numbers for Progress Software (PRGS) give a sense of how the business performed in the quarter ended February 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.