Brief: Progress Announces Second Quarter 2023 Financial Results

Progress Software

29/06/2023 21:31

Progress Software Corp  PRGS.O :
    * PROGRESS ANNOUNCES SECOND QUARTER 2023 FINANCIAL RESULTS
    * QTRLY REVENUE OF $178.3 MILLION INCREASED 20%
YEAR-OVER-YEAR ON
BOTH AN ACTUAL AND A CONSTANT CURRENCY BASIS
    * QTRLY DILUTED EARNINGS PER SHARE WAS $0.27
    * QTRLY NON-GAAP DILUTED EARNINGS PER SHARE WAS $1.06
    * SEES  FY 2023 GAAP REVENUE $686 MILLION - $694 MILLION
    * SEES FY 2023 GAAP  DILUTED EARNINGS PER SHARE $1.35 -
$1.43
    * SEES FY 2023 NON GAAP DILUTED EARNINGS PER SHARE $4.16 -
$4.24
    * SEES Q3 GAAP REVENUE $171 MILLION - $175 MILLION
    * SEES Q3 GAAP DILUTED EARNINGS PER SHARE $0.27 - $0.31
    * SEES Q3 NON GAAP DILUTED EARNINGS PER SHARE $0.98 - $1.02
    * Q2 EARNINGS PER SHARE VIEW $0.90, REVENUE VIEW $169.8
MILLION --
REFINITIV IBES DATA
    * Q3 EARNINGS PER SHARE VIEW $0.97, REVENUE VIEW $170.7
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $4.14, REVENUE VIEW $683.8
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX9CMjC7 
Further company coverage:  PRGS.O