For the quarter ended February 2025, Progress Software program (PRGS) reported income of $238.02 million, up 28.9% over the identical interval final yr. EPS got here in at $1.31, in comparison with $1.25 within the year-ago quarter.
The reported income represents a shock of +0.92% over the Zacks Consensus Estimate of $235.85 million. With the consensus EPS estimate being $1.04, the EPS shock was +25.96%.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s worth efficiency.
Right here is how Progress Software program carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Income- Providers: $80.04 million versus the three-analyst common estimate of $54.18 million. The reported quantity represents a year-over-year change of +331.2%.
- Income- Upkeep: $99.54 million versus $107.98 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -2.4% change.
- Income- Upkeep and companies: $179.57 million versus $162.16 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +48.9% change.
- Income- Software program licenses: $58.45 million in comparison with the $73.37 million common estimate primarily based on three analysts. The reported quantity represents a change of -8.8% yr over yr.
View all Key Company Metrics for Progress Software here>>>
Shares of Progress Software program have returned -6% over the previous month versus the Zacks S&P 500 composite’s -6.2% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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Progress Software Corporation (PRGS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
