Progress Software rises after Q1 forecast above expectations
ReutersJan 20, 2026 9:32 PM
Shares of AI-powered software firm Progress Software PRGS.O climb 6.5% to $41.10 after the bell
PRGS forecasts Q1 revenue between $244 million and $250 million, above ests. of $243.56 million, according to data compiled by LSEG
Sees Q1 adj. EPS between $1.56 and $1.62, also ahead of ests. of $1.41 per share
PRGS reports Q4 revenue of $252.67 million vs ests of $252.86 million
Posts Q4 adj. EPS of $1.51 vs ests. of $1.31
PRGS had fallen over 33% in 2025
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