PRGS Stock Recent News

Developers gain access to market-leading components and UI customization tools free of charge BURLINGTON, Mass., March 13, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it is offering over 50 enterprise-grade UI components from Progress® KendoReact™, the most comprehensive React UI library for business application development, for free.

The annual vendors list recognizes Chef as a top offering for digital leaders reinventing operations and transforming business models BURLINGTON, Mass., March 11, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it has been named to the Constellation ShortList™ for DevOps in Q1 2025.

Empowering future women leaders in STEM, the scholarship series supports students in the U.S., Bulgaria and India on their journey to shape computer science, software engineering, IT or related fields BURLINGTON, Mass., March 06, 2025 (GLOBE NEWSWIRE) -- Progress  (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that applications are now open for the 2025 Progress Women in STEM Scholarship Series in celebration of International Women's Day.

New functionality adds additional protection against cyber threats and supports compliance with evolving security standards for sensitive data transfers BURLINGTON, Mass., March 04, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the addition of Web Application Firewall (WAF) functionality to Progress® MOVEit® Cloud managed file transfer (MFT) solution.

Senior engineering leader to oversee Company's AI strategy and continued rapid development of AI-powered solutions across the global Progress product portfolio BURLINGTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the appointment of Ed Keisling as the Company's Chief AI Officer (CAIO).

Company's Recognition Based on Completeness of Vision and Ability to Execute BURLINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced its recognition in the 2025 Gartner Magic Quadrant for Digital Experience Platforms¹.

Examine the evolution of Progress Software's (PRGS) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.

Progress announced the launch of Progress Data Cloud, a managed Data Platform as a Service simplifying enterprise data and AI operations in the cloud.

Progress Software Corporation has significant debt, but its valuation at 11x forward free cash flow makes it an attractive buy for patient investors. The company's main growth driver is disciplined M&A, with a focus on acquiring businesses with exceptional products and strong customer bases. Despite debt concerns, Progress is expected to deliver 30% y/y revenue growth in fiscal 2025, driven by its ShareFile acquisition and potential future acquisitions.

U.S. stock futures were higher this morning, with the Nasdaq futures gaining over 150 points on Wednesday.