Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

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Progress (Nasdaq: PRGS) provides software that enables organizations to develop and deploy their mission-critical applications and experiences, as well as effectively manage their data platforms, cloud and IT infrastructure. As an experienced, trusted provider, we make the lives of technology professionals easier. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com, and follow us on LinkedIn, YouTube, Twitter, Facebook and Instagram.

New Enterprise Associates

Sequoia Capital

Progress

We did a survey to better understand the overall impact of #DataBias in #AI and #ML, how it affects businesses and what companies are doing to address it. 

Check out the results here 👇 
https://prgress.co/3o8PkUF
#ArtificialIntelligence #MachineLearning

New Delhi Progressers join forces with Ekal Vidyalaya USA for a tree-planting drive. Love to see Progressers showcasing their remarkable commitment to fostering a greener and healthier environment. 

#ProgressPROUD #Environmental #CompanyCulture

🎉Exciting News! Dr. Shirley Knowles, our incredible CIDO at Progress, has earned a well-deserved nomination for the Tech Top 50’s Mosaic award! And that's not all – we've been nominated in the Workforce Culture and Social Responsibility categories. 

A big thank you to the Mass Technology Leadership Council for recognizing our efforts.  

#ProgressPROUD ##TechTop50 #CompanyCulture 

msh id	COM:PROGRESS
symbol	PRGS
name	Progress Software Corporation
homepage url	https://www.progress.com
country	US
sector	Technology
industry	Software - Application
market	STOCKS
employee count	2.28K
crunchbase url	-
linkedin url	-
founders	-

market cap	2.28B
enterprise value	-
stage	-
raised capital	-
valuation	-

monthly webtraffic	-
monthly webtraffic growth	-
growth score 14	-
growth score 28	-
growth score 90	-
growth score 365	-

revenue ltm	-
gross profit ltm	-
ebitda ltm	-
net income ltm	-
revenue ntm	-
gross profit ntm	-
ebitda ntm	-
net income ntm	-

growth cost and expenses	0.05
growth cost of revenue	0.34
growth depreciation and amortization	-1
growth ebitda	-0.44
growth ebitda ratio	-0.52
growth eps	-
growth eps diluted	-
growth general and administrative expenses	0.07
growth gross profit	0.12
growth gross profit ratio	-0.03

COM:PROGRESS

Progress Software Corporation

Last Close

67.11

21/11 21:00

Market Cap

2.28B

Beta: -

Volume Today

412.13K

Avg: -

Company Information

Market Metrics

Web & Growth Metrics

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Financial Metrics (2022-2026)

cost and expenses	498.21M
cost of revenue	498.21M
depreciation and amortization	-
ebitda	110.52M
ebitda ratio	0.16
eps	1.62
eps diluted	1.57
operating expenses	371.63M
operating income	110.52M
operating income ratio	0.16

accounts receivables	12.12M
capital expenditure	-5.57M
cash at beginning of period	256.28M
cash at end of period	126.96M
inventory	-
working capital ttm	-21.33M

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