Progress Software Corporation (PRGS) Tops Q1 EPS by 3c, Offers Guidance

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Progress Software Corporation (PRGS) reported stronger-than-expected Q1 earnings per share of $1.60, surpassing analyst estimates by $0.03, with revenue also exceeding expectations at $247.8 million. The company provided its FY2026 guidance, projecting EPS of $5.91-$6.03 and revenue of $988-1000 million, both largely in line with or slightly above consensus estimates.

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