Progress Software forecasts Q4 profit below estimates; shares fall
26/09/2023 22:41
** Progress Software's PRGS.O shares down 1.6% at $54.48
after market
** Company forecasts adj Q4 EPS between $0.87 and $0.93, vs
est $0.98 - LSEG data
** Expects Q4 adj revenue between $171 mln and $177 mln vs
est $175.9 mln
** As of last close, stock up 9.8% YTD
(Reporting by Judes Joseph in Bengaluru)
((judes.joseph@thomsonreuters.com))