Analysts on Wall Street project that Progress Software (PRGS) will announce quarterly earnings of $1.14 per share in its forthcoming report, representing an increase of 5.6% year over year. Revenues are projected to reach $175.75 million, indicating no change compared to the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a ...

Innovators from Dupont, Salesforce, Yale and more to explore the future of data, generative AI, knowledge management and data visualization BURLINGTON, Mass., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the speaker lineup for the MarkLogic World Tour US, taking place September 23-25, 2024, at the Bethesda Marriott in Maryland. Industry leaders, innovators and professionals on the front line of the data world will gat ...

Progress Software TodayPRGSProgress Software$58.16 +0.17 (+0.29%) 52-Week Range$48.00▼$60.33Dividend Yield1.20%P/E Ratio35.46Price Target$63.50Add to WatchlistProgress Software Co. NASDAQ: PRGS provides software solutions that enable enterprises to design, develop, deploy, automate, and manage business applications. Its products are focused on helping organizations accelerate their digital transformation, enhance user experiences, and modernize their IT infrastructure. Its tools and architecture enable clie ...

Progress Software’s (PRGS) shares gained 2.49% and closed at $57.62 on Sept. 10. The upswing can be attributed to its plan to acquire ShareFile for $875 million.PRGS shares have gained 14% in the past three months outperforming the Zacks Computer – Software industry’s decline of 4.4% and the broader Zacks Computer & Technology sector’s decline of 6.4%.ShareFile specializes in AI-driven, cloud-based document collaboration services for various industries, including business, finance, healthcare, and construct ...

BURLINGTON, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced that it will release financial results for its fiscal third quarter of 2024 after the market close on Tuesday, September 24, 2024. The company’s third quarter of fiscal year 2024 ended on August 31, 2024. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. Conference Call DetailsA live webcast of the confer ...

BURLINGTON, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced it has entered into a definitive agreement to acquire ShareFile, a business unit of Cloud Software Group, Inc., providing SaaS-native, AI-powered, document-centric collaboration, focusing on industry segments including business and professional services, financial services, healthcare and construction. “Businesses today need to enhance their effectiveness ...

资产出售交易 - 公司正在出售其业务中的某些资产给Progress Software Corporation[10] - 交易涉及的资产包括文件同步与共享、文档协作或电子签名等业务产品[16] - 交易完成后,Progress Software Corporation将获得相关业务的资产和负债[2,3] - 交易对价为8.75亿美元[14] - 交易需要获得相关监管部门的批准[19] - 交易完成后,公司将与Progress Software Corporation签订过渡服务协议,提供一定时期的过渡支持[7] - 公司承诺在一定期限内不会从事与交易资产相竞争的业务[19] - 交易完成后,相关业务员工将自动转移至Progress Software Corporation[16] - 公司将保留一些文件和记录,并允许Progress Software Corporation在未来访问[13,14] - 交易各方将就保密性、进一步保证等方面进行约定[10,14] 公司整体情况 - 公司业务总体情况良好，财务状况稳定[42] - 业务受疫情影响较小，未来发展前景乐观[42] - 公司持续加大研发投入，新产品和新技术研发取得进展[34][33] - 公司积极拓展市场，通过并购等方式实现业务扩张[32] - 公司重视用户体验，用户数据保持良好增长[32] 交易资产和负债 - 公司将出售与业务相关的所有资产,包括合同、个人财产、业务产品、知识产权、文件记录、ShareFile公司的100%股权等[69] - 公司将保留现金、应收账款、税务相关文件等资产[72] - 公司将通过《买卖协议》、《资产转让协议》等文件在交割日完成资产的转让[74] - 公司将保留不属于业务的知识产权,包括受限商标[74] - 公司将保留与员工计划相关的资产和责任[72] - 公司将承担所有与业务或购买资产相关的负债,包括合同负债、税收负债、员工相关负债等[75,77,79] - 公司将承担部分执行交易奖金和长期激励计划的负债,但不承担全部[80] - 公司将承担部分员工奖金和佣金的负债,但不承担全部[82] - 公司将尽最大努力获得第三方同意以转让合同,如果无法获得同意则公司将采取其他安排以提供相关权益和承担相关负债[85,87] - 公司将支付购买价款,包括基础对价和对价调整[89] - 公司可以从购买价款中扣除法定应扣缴的税款[90] 财报电话会议关键要点 - 业绩总结:财报期内公司营收和利润情况[93][94][95] - 用户数据:财报期内公司用户数量及增长情况[93][94][95] - 未来展望和业绩指引:公司对未来业务发展的预期和指引[93][94][95] - 新产品和新技术研发:公司在新产品和新技术方面的投入和进展[93][94][95] - 市场扩张和并购:公司在市场拓展和并购方面的动作[93][94][95] - 其他新策略:公司在其他方面的新举措和规划[93][94][95] 交易资产相关情况 - 公司资产和收入总额分别占公司合并总资产和总收入的20%以下[110] - 除了利润表外,业务的完整财务报表尚未编制[110] - 业务在过去几年内并非独立实体、子公司、经营分部或部门[110] - 公司无法单独编制满足S-X规则3.05(a)要求的财务报表[111] - 公司拥有业务相关的所有知识产权,无任何第三方权利[115][116] - 公司采取了合理措施保护知识产权,未发生重大泄密事件[119][125] - 业务产品不含有害代码,符合相关质量和安全承诺[124] - 公司使用的开源软件不会对业务产品造成不利影响[126] - 公司员工签署了知识产权转让协议,不存在权利争议[122] - 公司未向任何第三方授予业务相关知识产权的独占许可[124] - 公司拥有和控制所有与业务运营相关的数据和信息[128] - 收购交易不会对任何知识产权产生限制或影响[129] - 公司未参与任何行业标准组织且知识产权不受任何相关要求或限制[130] - 产品和服务不存在重大质保、退换货或赔付责任[132] - 公司使用人工智能技术不会影响知识产权的所有权和使用[133] - 公司使用的云服务和API都已获得合法授权[134] - 公司在个人信息保护和数据安全方面合规[136,137,138,139] - 收购交易不会违反任何个人信息保护法规[140] - 公司持有经营所需的全部重要许可证[142] - 公司最近三年在法律合规方面无重大违规[143,144] - 公司与客户签订的重要合同均有效且不存在重大违约[145,147] 公司重大合同 - 公司有多项重大合同,包括需要未来资本支出超过250,000美元的合同、与主要客户和供应商的合同、涉及收购或处置业务、资产或股权的合同、合资或利润分享合同、限制竞争的合同、涉及公司债务的合同、和解合同、担保合同、与政府机构的合同等[149,150] - 公司的重大合同都是有效、有约束力的,公司和其他方都履行了合同义务,没有重大违约情况[151] 公司员工和劳资关系 - 公司有完整的员工花名册,包括员工ID、职位、工作年限、工资等信息[152] - 公司有多个员工福利计划,包括401(k)等,这些计划都符合相关法律法规[154,155,158,159,160] - 公司的员工关系良好,没有工会组织,也没有重大劳资纠纷[161,162,165,166] 公司客户供应商和关联交易 - 公司的

Semaphore 5.10 increases user productivity with an AI-powered tool that simplifies and accelerates the creation of semantic knowledge models to streamline decision-making processes BURLINGTON, Mass., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Progress(Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the latest release ofProgress® Semaphore™, its metadata management and semantic AI platform. Building on existing knowledge management capabilities, the Semaphore 5.10 platform r ...

New offering delivers efficiency, speed and trust in even the most complex IT environments BURLINGTON, Mass., July 31, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the launch of Progress® Chef® Courier™— an innovative product designed to streamline, automate and optimize job orchestration across the entire enterprise software infrastructure. Delivered on the new cloud-native platform, Progress® Chef 360™, Chef Courier adds to t ...

New UI toolkit enables customers to build data-driven applications up to 90% faster than starting from scratch BURLINGTON, Mass., July 23, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered infrastructure software, today announced the availability of Progress® MarkLogic® FastTrack™, a UI toolkit for building data- and search-driven applications to visually explore complex connected data stored in Progress® MarkLogic® platform. Applications built with MarkLogic FastTrack UI t ...