Exhibit 99.1 P R E S S A N N O U N C E M E N T Progress Announces First Quarter 2024 Financial Results First Quarter Revenues and Earnings Per Share Ahead of Estimates BURLINGTON, Mass, March 26, 2024 (GlobeNewswire) — Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal first quarter ended February 29, 2024. First Quarter 2024 Highlights1: • Revenue of $185 million increased 12% year-over-year on both an actual and a constant currency ba ...