PRGS
NASDAQ:PRGS
Progress Software Corporation
- Stock
60.13
+0.28%
12.05
news - Jul 21, 2025 - 14:24
Network Bandwidth Monitor Market Hits New High | Major Giants Cisco Systems, SolarWinds, IBM
HTF MI released a comprehensive market study projecting the global Network Bandwidth Monitor market to grow at a 12.5% CAGR from 2025 to 2033, reaching USD3.4 Billion by 2033. The report highlights major players like Cisco Systems, SolarWinds, IBM, and others, analyzing market segmentation by type, application, and region while addressing drivers like data traffic growth and cloud adoption.
openpr.comnews - Jul 15, 2025 - 14:43
Citi Adjusts Price Target for Progress Software (PRGS) Amid Upda
Citi revised its price target for Progress Software from $64 to $57 while maintaining a Neutral rating, following the company's Q2 financial report. Progress Software reported 36% YoY revenue growth to $237M, 46% YoY ARR growth to $838M, and a 100% net retention rate. The company raised full-year 2025 guidance, citing confidence in business strength. However, free cash flow fell below expectations, and debt remains high at $1.47B. The acquisition of Nuclia is expected to enhance AI capabilities but may not impact results in 2025.
gurufocus.comnews - Jul 15, 2025 - 14:38
IonQ Appoints Paul Dacier as Chief Legal Officer
Quantum computing company IonQ has appointed Paul Dacier as its Chief Legal Officer and Corporate Secretary, bringing over 35 years of legal and executive experience. Dacier previously served as general counsel at EMC Corp and partner at Quinn Emanuel Urquhart & Sullivan. He also serves on the boards of AerCap Holdings and Progress Software. Dacier replaces Stacey Giamalis, who will hold an advisory role for 90 days. IonQ CEO Niccolo de Masi highlighted Dacier's expertise in supporting the company's growth and ecosystem strategy.
executivebiz.comnews - Jul 15, 2025 - 13:08
Cloud Enterprise Application Software Market See Incredible Growth 2025-2032
The article discusses the growth of the global Cloud Enterprise Application Software Market, projecting a CAGR of 15.1% from 2025-2032. It outlines market size projections, segmentations (solutions and industry verticals), and major players in the industry.
newstrail.comnews - Jul 01, 2025 - 20:53
Progress Software Shows Steady Q2 Execution, Oppenheimer Says
The article discusses Progress Software's financial performance in Q2 2025, with analyst Oppenheimer highlighting steady execution. However, the full content is restricted to registered members.
marketscreener.comDescription
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, a...Show More
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