PRGS Progress Software Corporation

Latest Earnings Insight

Progress Software's impressive 46% year-over-year growth in annualized recurring revenue sets a strong foundation as the company approaches its Q2 2025 earnings announcement. With an EPS estimate of $1.30 and a revenue forecast of $237.53 million, the company is expected to continue its upward trajectory, especially given its recent strategic moves, such as the integration of ShareFile. The whisper number of $1.46 suggests that market expectations are high, reflecting confidence in Progress Software's ability to outperform. This optimism is further bolstered by the company's raised full-year profit forecast, which has already propelled its stock price upward. As Progress Software continues to leverage its AI-powered digital experiences and infrastructure software, investors will be keenly watching for any signs of sustained growth in profitability margins and customer acquisition rates. With a market cap of approximately $2.69 billion, the company is well-positioned to capitalize on its strategic initiatives and deliver robust financial results.