Form 4 Progress Software Corporation For: 5 October By Investing.com
This article from Investing.com reports on a Form 4 filing for Progress Software Corporation related to October 5th. It is a brief, factual announcement without further details within the provided text. The content focuses on the mere existence of the filing for the specified date.
Progress Software (PRGS) withheld 853 shares for taxes as its accounting chief's stock awards vested.
Progress Software's Chief Accounting Officer, Domenic LoCoco, had 2,900 restricted stock units vest on October 1, 2026, converting into common stock. The company withheld 853 shares at a price of $38.99 per share to cover tax withholding obligations associated with these awards. These vested shares originated from grants made in 2024, 2025, and 2026.
Conferencia de resultados del T3 del ejercicio fiscal 2026 de Progress Software (PRGS): acuerdo con Domo y aumento de previsiones
Progress Software (PRGS) reported strong Q3 FY2026 results, with ARR up over 1% and EPS increasing 13% to $1.69. The company also completed its acquisition of Domo's AI and data platform business for $390 million net cash, significantly raising its FY2026 revenue and EPS guidance. Management highlighted the strategic importance of Domo's consumption-based model and its potential to contribute over $100 million in annual EBITDA after full integration by FY2027, despite expected declines in legacy contracts and professional services.
Earnings Beat: Progress Software Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Progress Software Corporation recently exceeded analyst forecasts for both revenue and earnings per share, leading to a noticeable upgrade in future earnings estimates from analysts. While the average price target has seen a modest increase, there's a significant divergence in analyst opinions, suggesting potential uncertainty despite the positive earnings report. Investors should consider the varied perspectives of analysts when evaluating the company's future prospects.
128,757 Shares in Progress Software Corporation $PRGS Acquired by CX Institutional
CX Institutional recently acquired 128,757 shares of Progress Software Corporation, valued at approximately $5.15 million, representing a 0.31% stake in the company. This acquisition follows several other institutional investors increasing their holdings in Progress Software, a company actively expanding its enterprise AI strategy. Despite slightly missing revenue estimates, Progress Software beat Q3 adjusted EPS expectations and maintains a "Moderate Buy" consensus rating from analysts.
Progress Software Corporation 2026 Q3 - Results - Earnings Call Presentation (NASDAQ:PRGS) 2026-09-30
Progress Software Corporation released its Q3 2026 earnings call presentation. The company reported an EPS of $1.69, beating estimates by $0.17, and revenue of $246.01M, which missed estimates by $1.32M and represented a 1.52% year-over-year decrease. This presentation provides details discussed during their earnings call.
Progress Software Reports Fiscal Third Quarter 2026 Financial Results
Progress Software (Nasdaq: PRGS) announced its financial results for the fiscal third quarter, which ended on August 31, 2026. The company will host a conference call to discuss these results and its outlook. Further details and access to the earnings release, supplemental slides, and conference call webcast are available on the Progress Investor Relations webpage.
Borrowings fund Progress Software (PRGS)'s deal for Domo assets, including its AI platform.
Progress Software (PRGS) completed its acquisition of substantially all assets and certain liabilities of Domo, Inc., including its AI and data products platform, for approximately $400 million on September 22, 2026. The acquisition was funded through borrowings under Progress's existing revolving credit facility. The company also reported third-quarter revenue of $246.0 million for the quarter ended August 31, 2026, and repurchased 2.2 million shares for $71.6 million during the first nine months of fiscal 2026.
Microsoft Teams gets source-cited AI answers in its chats and channels.
Progress Software has introduced new Agentic RAG capabilities, including a Microsoft Teams application that provides source-cited AI answers within chats and channels, a Smart Agent for complex information retrieval, and a WordPress plugin for content ingestion. These updates allow organizations to integrate AI into daily workflows, deliver comprehensive answers across multiple systems, and maintain data governance without rebuilding existing deployments. The new features aim to enhance enterprise AI experiences by connecting organizational knowledge with AI tools.
Q3 2026 Progress Software Corp Earnings Call Transcript
Progress Software Corp (PRGS) reported strong Q3 2026 results, exceeding guidance with over 1% ARR growth in constant currency to $873 million, a 43% operating margin, and $1.69 EPS. The company's acquisition of Domo's AI and data platform business for $400 million is expected to significantly boost annual EBITDA and revenue post-integration, despite some near-term operating margin compression and declining legacy Domo services revenue. Progress Software projects successful integration and substantial cross-sell opportunities, while acknowledging challenges related to Domo's declining seat-based revenue and increased interest expenses.
Progress Software Connects Enterprise Knowledge Across Business Systems with New Agentic RAG Capabilities
Progress Software has introduced new agentic RAG capabilities to its platform, designed to connect enterprise knowledge across various business systems for AI agents and LLMs. The update includes a Microsoft Teams application, a Smart Agent for autonomous multistep retrieval, and a WordPress plugin for improved content ingestion and governance. These enhancements aim to help organizations scale AI experiences by providing access to both pre-indexed and live business data, reducing the need for custom integrations and maintaining data accuracy.
Progress Software Expects Domo Deal to Weigh on Fiscal 2027 Margin; Quarterly Earnings Rise Annually
Progress Software anticipates that its acquisition of Domo's AI and data platform will negatively impact its fiscal year 2027 margin. This announcement comes as the company reported a year-over-year rise in its quarterly earnings. The full details of the financial implications and earnings report are available to premium subscribers.
Progress Software Connects Enterprise Knowledge Across Business Systems with New Agentic RAG Capabilities
Progress Software has announced new agentic RAG capabilities to help organizations connect enterprise knowledge across business systems for AI-powered experiences. The new release includes a native Microsoft Teams application, a Smart Agent for autonomous multistep retrieval, and a WordPress plugin for improved content ingestion and governance. These features aim to help organizations scale AI experiences without rebuilding existing deployments, enabling AI agents to navigate complex questions and work across organizational knowledge.
Starting Oct. 1, ShareFile Enterprise can surface unusual activity and let admins restrict external sharing of sensitive content.
Progress Software (PRGS) has launched ShareFile Enterprise, a new offering aimed at larger and regulated organizations for enhanced document collaboration governance and security. Key features, available from October 1, 2026, include automated access administration via Microsoft Entra ID, integration with SIEM tools like Splunk and Microsoft Sentinel, native data loss prevention, and AI-driven User and Entity Behavior Analytics (UEBA). This aims to reduce administrative burdens, strengthen governance, and provide better visibility and control over sensitive document workflows without compromising the user experience.
Progress Software Corp (PRGS) (Q3 2026) Earnings Call Highlights: EPS Beat, Domo Deal, and ...
Progress Software Corp (PRGS) reported strong Q3 2026 results, exceeding EPS guidance and announcing the acquisition of Domo's AI and data platform business for $400 million. The Domo acquisition is expected to significantly boost annual EBITDA and leverage cross-selling opportunities, despite initial operating margin compression and declining legacy Domo business. The company emphasizes its strong cash flow generation and strategic approach to integrating acquisitions.
Transcript: Progress Software Q3 2026 Earnings Conference Call
Progress Software reported strong Q3 2026 results, with revenue at $246 million and EPS of $1.69, exceeding guidance. The company completed its $400 million acquisition of Domo, integrating its AI and data platform, which is expected to stabilize at $280-$290 million in revenue and significantly boost EBITDA by FY27. Progress provided Q4 guidance of $297-$305 million in revenue and $1.24-$1.33 EPS, anticipating substantial earnings growth in FY27 despite initial operating margin compression from Domo's integration.
Progress Software (PRGS) Reports Q3 Revenue Slightly Below Estimates Amid Strategic Growth
Progress Software (PRGS) reported Q3 revenue of $246 million, slightly missing estimates, but highlighted strategic growth, particularly in AI capabilities. The company is considered significantly undervalued by GuruFocus' GF Value™ metric, trading at a substantial discount, and has a strong GF Score™ of 81. However, investors are advised to exercise caution due to insider selling and moderate financial strength.
Progress Software Corporation (NASDAQ:PRGS) Receives Consensus Recommendation of "Moderate Buy" from Analysts
Progress Software Corporation (NASDAQ:PRGS) has received a consensus "Moderate Buy" rating from seven analysts, with an average 12-month price target of $52.17. The company recently reported strong quarterly results, exceeding EPS and revenue forecasts, which has led to positive sentiment and some institutional investment increases. Several analysts have reiterated or adjusted their ratings and price targets, reflecting ongoing interest in the company's performance and future potential.
Is Progress Software (NASDAQ:PRGS) Facing a Real Market Test?
The article discusses how Progress Software (NASDAQ:PRGS) is under market scrutiny due to earnings and guidance separating mid-sized companies. The key question is whether its enterprise infrastructure software can ensure consistent execution and maintain dependable customer relationships amidst a potentially weakening economic cycle. Investors are urged to focus on the company's specific disclosures regarding demand, delivery, and capital allocation rather than broad market trends.
Progress Software Launches ShareFile Enterprise, Offering a New Standard in Governance Controls for Enterprise Document Collaboration
Progress Software has launched ShareFile Enterprise, a new offering designed to enhance governance and security for sensitive document collaboration in large and regulated organizations. It provides IT and security teams with greater control and visibility through features like automated access, native data loss prevention, AI-driven threat detection, and centralized security operations. This aims to scale collaboration without increasing manual administration, helping organizations reduce overhead and strengthen security.
Progress Software Launches ShareFile Enterprise, Offering a New Standard in Governance Controls for Enterprise Document Collaboration
Progress Software has launched ShareFile Enterprise, a new offering designed for larger and regulated organizations to scale sensitive document collaboration with enhanced governance and security controls. This platform integrates automated access, data loss prevention, AI-driven threat detection, and intelligent risk monitoring to provide IT and security teams with greater visibility and control over document workflows without disrupting the user experience. Key features include SCIM provisioning, SIEM integration, native DLP, and user and entity behavior analytics, aiming to reduce manual administration and operational overhead.
PRGS5762396 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the Progress Software Corporation's PRGS5762396 bond, focusing on its coupon and redemption information. Key facts include an issue date of March 1, 2024, a maturity date of March 1, 2030, and a fixed semi-annual coupon rate of 3.50%. The profile also outlines the company's business activities and the bond's upcoming payout schedule.
PROGRESS SOFTWARE CORPORATION - COMMON STOCK - Kevin Hern Congressional Trade on Aug. 31, 2026
The article details a congressional stock trade made by Kevin Hern, a Republican House member from Oklahoma. On August 31, 2026, Hern sold shares of PROGRESS SOFTWARE CORPORATION (PRGS) with a transaction amount between $15,001 and $50,000. Since the trade, PRGS stock has seen a price change of -15.97% compared to SPY's -0.18% change.
Progress Software (PRGS) Q3 2026 Preview: EPS Est. $1.52, Reports September 30
Progress Software (PRGS) is set to report its Q3 2026 results on September 30, with analysts expecting an EPS of $1.52 on revenues of $247.6M. This EPS estimate reflects a modest increase from the prior year and significant strengthening over the past 90 days, despite a slight projected revenue decline. Investors will be keen to see if the company can maintain its recent momentum and if its operational leverage continues to drive margin expansion.
What's Driving the Buzz Around Progress Software Corporation (PRGS) in Technology Stocks?
Progress Software Corporation (PRGS) is under increased scrutiny in technology stocks following its acquisition of Domo's AI and data platform assets. This move highlights the need to analyze the company's execution, customer response, and integration of these new assets into its core operations. Market participants will be looking for clear evidence of operational discipline and commercial impact in future disclosures, especially within the context of broader sector trends and competitive pressures.
PRGS6021356 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the Progress Software Corporation bond, PRGS6021356, highlighting its coupon and redemption information. It includes key facts such as the issuer, maturity date, face value, and minimum denomination, along with a schedule of upcoming coupon payments and the bond's outstanding amount. The profile offers essential metrics for evaluating the bond's potential and performance.
Progress Software (PRGS) buys AI platform serving 2,400 businesses
Progress Software (PRGS) has finalized its $400 million acquisition of Domo, Inc.'s AI and data platform business, integrating it into its existing data offerings. This deal, funded by cash on hand and a credit facility, expands Progress' customer base by over 2,400 businesses and strengthens its AI capabilities. The company plans to disclose further financial impacts during its third-quarter earnings call on September 30, 2026.
A $400 million deal adds more than 2,400 businesses to Progress Software
Progress Software (PRGS) has finalized its acquisition of Domo’s AI and data platform business for $400 million, integrating it into Progress's existing data platform offerings. This strategic move adds over 2,400 new business customers and strengthens Progress's capabilities in secure, scalable AI initiatives. The company plans to provide further financial details on the acquisition during its third-quarter earnings call on September 30, 2026.
Progress Software Completes Acquisition of Domo's AI and Data Platform Business
Progress Software (Nasdaq: PRGS) has announced the completion of its acquisition of substantially all the assets of Domo’s AI and data platform business for $400 million. This acquisition strengthens Progress's AI infrastructure offerings by integrating Domo's cloud-native AI and data platform, which includes a customer base of over 2,400 businesses. The move aims to enhance Progress's ability to help organizations establish context and control over their data for secure, scalable AI and agentic initiatives.
Progress Software Corporation (PRGS) Stock Price, News, Quote & History
This article provides a detailed overview of Progress Software Corporation (PRGS), including its current stock price, recent news, historical data, and financial performance. It highlights the company's product offerings in AI-powered applications and digital experiences, analyst ratings, and key financial statistics, serving as a comprehensive resource for potential investors.
PRGS 8-K Filings - Progress Software Corp (DE) SEC 8-K
This page provides a comprehensive list of all 8-K filings made by Progress Software Corp (PRGS) with the SEC over the last 24 months, presented in reverse chronological order. Each entry includes a summary of the material event, such as acquisitions, earnings reports, and annual meeting results, along with a link to the full document. The filings highlight Progress Software's strategic moves, financial performance, and governance updates.
Progress Software Completes Acquisition of Domo's AI and Data Platform Business
Progress Software (Nasdaq: PRGS) announced it has completed the acquisition of substantially all the assets of Domo's AI and data platform business for $400 million. This acquisition aims to strengthen Progress' offerings in helping organizations connect, govern, and activate enterprise data for secure and scalable AI initiatives, integrating Domo's cloud-native platform and customer base of over 2,400 businesses. Progress will provide further financial details on the acquisition during its upcoming third-quarter earnings conference call on September 30.
Corient Private Wealth LP Buys 38,815 Shares of Progress Software Corporation $PRGS
Corient Private Wealth LP increased its holdings in Progress Software Corporation (NASDAQ:PRGS) by 42.8% during the second quarter, purchasing 38,815 shares to bring its total to 129,526 shares valued at $4.35 million. This increased stake comes as Progress Software reported stronger-than-expected quarterly earnings and revenue, with analysts maintaining a "Moderate Buy" rating and an average price target of $52.17. Despite a recent insider stock sale, institutional investment in the company has generally seen an uptrend.
Progress Software Corp. (PGR) Q1 2024 Earnings Report - Results, Call & Slides
Progress Software Corp. (PGR) announced its Q1 2024 earnings, beating both EPS and revenue expectations. The company reported actual EPS of CHF1.03 against a consensus of CHF0.94 and actual revenue of CHF151.90M compared to an expected CHF149.62M, marking a 12.46% year-over-year revenue growth. The earnings call was held on March 26, 2024, and the next earnings report is estimated for September 30, 2026.
Progress Software to Report Third Quarter 2026 Financial Results on September 30, 2026
Progress Software (Nasdaq: PRGS) announced it will release its fiscal third-quarter 2026 financial results after market close on Wednesday, September 30, 2026. The company will host a conference call at 5:00 p.m. ET on the same day to discuss these results. The third quarter ended on August 31, 2026.
Progress Software to Report Third Quarter 2026 Financial Results on September 30, 2026
Progress Software (Nasdaq: PRGS) announced it will release its fiscal third quarter 2026 financial results after the market closes on Wednesday, September 30, 2026. The company will host a conference call at 5:00 p.m. ET on the same day to discuss the results for the quarter, which ended on August 31, 2026. Details for accessing the live webcast and dial-in information for the conference call have been provided.
Progress Software Stock: Domo Is A Shaky Business To Acquire (Downgrade) (NASDAQ:PRGS)
Progress Software (PRGS) has been downgraded to neutral following its recent rally and the announcement of its acquisition of Domo. The acquisition of Domo for approximately $355 million is seen as a risky move, as Domo is valued cheaply but has declining fundamentals in a Business Intelligence software market facing headwinds from AI adoption. While Progress Software has a strong track record of M&A integration, concerns are raised about potential future margin dilution from this particular deal.
Technical Reactions to PRGS Trends in Macro Strategies
This article analyzes Progress Software Corporation (NASDAQ: PRGS) using AI models to suggest trading strategies. It highlights a positive near-term sentiment with no resistance levels above the current price, indicating potential upside. The analysis also identifies divergent sentiment across different time horizons and provides specific position, momentum breakout, and risk hedging strategies.
Progress Software Appoints Bridget Collins as Chief Information Officer
Progress Software has appointed Bridget Collins as its new Chief Information Officer (CIO). Collins, an accomplished technology executive with over 30 years of experience, will lead the company's global IT and security organization, focusing on enterprise IT strategy, AI acceleration, cybersecurity, and M&A integration. She returns to Progress Software, where she began her career, after holding leadership roles at Rapid7, Cerence, and Nuance Communications.
Progress Software Announces New Telerik and Kendo UI Release to Accelerate AI-Powered Development and Agent-Ready Applications
Progress Software has announced its latest Telerik and Kendo UI release, designed to accelerate AI-powered development and enable the creation of agent-ready applications. The release introduces new AI-driven capabilities for UI generation, application modernization, and development workflows, aiming to help engineering teams enhance productivity and build applications compatible with both human and AI agent interactions. Key features include tools for accessibility compliance, in-IDE debugging, agent interaction with documents, and WebMCP for agent-ready UI, alongside features for modernizing WinForms apps and integrating RAG capabilities.
Progress Software’s new tools let AI agents work directly with apps
Progress Software (Nasdaq: PRGS) has released new versions of its Telerik and Kendo UI development tools, designed to accelerate the creation of AI-powered and agent-ready applications. The update integrates AI deeply into UI generation, debugging, and legacy system modernization, allowing AI agents to interact directly with application interfaces and documents. This aims to boost developer productivity and facilitate the transition from AI-assisted coding to agent-driven software that handles both human and AI interactions.
Progress Software Announces New Telerik and Kendo UI
Progress Software has released new versions of Telerik and Kendo UI, designed to accelerate AI-powered development and create agent-ready applications. This update introduces AI-driven capabilities for UI generation, application modernization, and development workflows, enabling teams to build intuitive, AI-ready user experiences faster. Key features include enhanced accessibility, smarter in-IDE debugging, agent interaction with documents, and tools for modernizing legacy applications and integrating RAG capabilities.
Progress Software Launches AI-Driven Telerik and Kendo UI Release for Agent-Ready Application Development
Progress Software has announced a new release for its Telerik and Kendo UI tools, focusing on AI-driven application development. This update aims to help development teams create production-ready software that integrates human and AI agent interaction through features like intelligent UI generation, smarter debugging, and agent-based document processing. The release also emphasizes modernizing legacy applications and enhancing developer productivity by embedding AI into various stages of the UI creation and development workflows.
ETFs Investing in Progress Software Corporation Stocks
This article provides a list of ETFs that hold Progress Software Corporation (PGR) stocks, detailing their market value, weight, issuer, management style, focus, expense ratio, AUM, price change, relative volume, and 3-year NAV total return. The ETFs predominantly focus on small-cap or information technology sectors, making investing in PGR more accessible and diversified. The data highlights various passive and active funds from issuers like BlackRock, Vanguard, and State Street.
Progress Software Appoints Bridget Collins as Chief Information Officer
Progress Software (Nasdaq: PRGS) has announced the appointment of Bridget Collins as Chief Information Officer (CIO). Collins, an accomplished technology executive with over 30 years of experience, will lead the company's global IT and security organization, reporting directly to CEO Yogesh Gupta. Her responsibilities will include advancing AI across internal operations, overseeing cybersecurity, and evaluating emerging technologies to strengthen governance frameworks.
Progress Software Appoints Bridget Collins as Chief Information Officer
Progress Software has appointed Bridget Collins as its new Chief Information Officer. Collins, an experienced technology executive with over 30 years in enterprise IT, will lead the company's global IT and security organization, focusing on AI acceleration, cybersecurity, and M&A integration. She returns to Progress Software, where she began her career as a software engineer, after holding leadership roles at Rapid7, Cerence, and Nuance Communications.
BRIEF-Progress Software Appoints Bridget Collins As Chief Information Officer
Progress Software Corp (PRGS.O) has announced the appointment of Bridget Collins as its new Chief Information Officer. This brief news item, sourced from Reuters, reports the personnel change within the company.
Progress Software (PRGS) CFO sells 2,000 shares under 10b5-1 plan
Progress Software's CFO, Anthony Folger, sold 2,000 shares of common stock at $44.80 per share on August 14, 2026, under a Rule 10b5-1 trading plan. After this transaction, Folger directly holds 47,381 shares, including those acquired through the company's Employee Stock Purchase Plan. The sale was pre-arranged and compliant with regulations.
Progress Software Corp (PRGS) CFO Anthony Folger Sells 2,000 Sha
Anthony Folger, CFO of Progress Software Corp (PRGS), sold 2,000 shares for approximately $89,600, continuing a pattern of insider selling at the company with no insider buys in the past year. The stock's valuation, despite being below its GF Value, is labeled a "Possible Value Trap," aligning with cautious sentiment from both insiders and GuruFocus's guru ownership data. Investors are advised to consider these factors, including the consistent insider selling and the "Possible Value Trap" designation, alongside other metrics before making investment decisions.
Progress Software Names Bridget Collins CIO to Lead AI and IT Strategy
Progress Software has appointed Bridget Collins as Chief Information Officer to lead its global IT and security organization, focusing on AI adoption and integration of acquisitions. Collins, a former Progress software engineer, will report to CEO Yogesh Gupta and manage enterprise IT strategy, cybersecurity, and AI governance. Her extensive experience in technology, business transformation, and cybersecurity positions her to scale operations and enhance AI strategies within the company.
