Investing.com
Published Jun 29, 2023 21:27
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.
h2 Guidance/h2
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 good performance “.
Check out Progress’s recent earnings performance, and Progress’s financials here .
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Written By: Investing.com
