Exhibit 99.1 P R E S S A N N O U N C E M E N T Progress Announces Second Quarter 2024 Financial Results Second Quarter Revenues and Earnings Per Share Ahead of Guidance Raising Full Year Revenue and Earnings Per Share Outlook BURLINGTON, Mass, June 25, 2024 (GlobeNewswire) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced financial results for its fiscal second quarter ended May 31, 2024. Second Quarter 2024 Highlights1: • Revenue and non-GAAP revenue of ...