Brief: Progress Announces First Quarter 2023 Financial Results

Progress Software

28/03/2023 23:34

March 28 (Reuters) - Progress Software Corp  PRGS.O :
    * PROGRESS ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS
    * QTRLY REVENUE OF $164.2 MILLION INCREASED 13%
YEAR-OVER-YEAR ON
AN ACTUAL CURRENCY BASIS, AND 15% ON A CONSTANT CURRENCY BASIS
    * QTRLY DILUTED EARNINGS PER SHARE WAS $0.53
    * QTRLY NON-GAAP DILUTED EARNINGS PER SHARE WAS $1.19
    * SEES FY 23 NON-GAAP REVENUE $680 MILLION - $688 MILLION
    * SEES  SEES FY 23 NON-GAAP EPS $4.09 - $4.17
    * SEES Q2 NON-GAAP REVENUE $168  MILLION- $172 MILLION
    * SEES Q2 NON-GAAP EPS $0.88 - $0.92
    * SEES Q2 EPS $0.12 - $0.16
    * SEES FY 23 EPS $1.32 - $1.40
    * Q1 EARNINGS PER SHARE VIEW $1.05, REVENUE VIEW $158.7
MILLION --
REFINITIV IBES DATA
    * Q2 EARNINGS PER SHARE VIEW $0.99, REVENUE VIEW $169.0
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $4.14, REVENUE VIEW $679.4
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXbbKb2j 
Further company coverage:  PRGS.O 

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