progress software corporation (nasdaq: prgs) is a global software company that simplifies the development, deployment and management of business applications on-premise or on any cloud, on any platform and on any device with minimal it complexity and low total cost of ownership. over 400,000 end-user customers globally run on progress openedge-based applications, and more than 1,400 isvs around the world are powered by progress software. global headquarters 14 oak park drive bedford, ma 01730 usa +781-280-4000
Company profile
Ticker
PRGS
Exchange
Website
CEO
Yogesh Gupta
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Corporate docs
IRS number
42746201
PRGS stock data
Latest filings (excl ownership)
8-K/A
Progress Announces First Quarter 2024 Financial Results
27 Mar 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
DEF 14A
Definitive proxy
27 Mar 24
8-K
Progress Announces First Quarter 2024 Financial Results
26 Mar 24
8-K
Progress Announces Amended Credit Facility
7 Mar 24
8-K
Entry into a Material Definitive Agreement
1 Mar 24
8-K
Progress Software Announces Upsize and Pricing of Convertible Senior Notes Offering
28 Feb 24
8-K
Progress Software Announces Proposed Convertible Senior Notes Offering
26 Feb 24
10-K
2023 FY
Annual report
26 Jan 24
8-K
Progress Reports 2023 Fiscal Fourth Quarter and Year End Results
16 Jan 24
Transcripts
PRGS
Earnings call transcript
2024 Q1
26 Mar 24
PRGS
Earnings call transcript
2023 Q4
16 Jan 24
PRGS
Earnings call transcript
2023 Q3
26 Sep 23
PRGS
Earnings call transcript
2023 Q2
29 Jun 23
PRGS
Earnings call transcript
2023 Q1
28 Mar 23
PRGS
Earnings call transcript
2022 Q4
17 Jan 23
PRGS
Earnings call transcript
2022 Q3
27 Sep 22
PRGS
Earnings call transcript
2022 Q2
29 Jun 22
PRGS
Earnings call transcript
2022 Q1
29 Mar 22
PRGS
Earnings call transcript
2021 Q4
19 Jan 22
Latest ownership filings
4
Sundar Subramanian
5 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
144
Notice of proposed sale of securities
20 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
4
Sundar Subramanian
9 Feb 24
144
Notice of proposed sale of securities
9 Feb 24
4
Charles Francis Kane
6 Feb 24
4
ANTHONY FOLGER
2 Feb 24
4
Sundar Subramanian
2 Feb 24
4
Ian Pitt
2 Feb 24
Financial summary
Quarter (USD) | Aug 23 | May 23 | Feb 23 | Nov 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Nov 22 | Nov 21 | Nov 20 | Nov 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 138.00 mm | 138.00 mm | 138.00 mm | 138.00 mm | 138.00 mm | 138.00 mm |
Cash burn (monthly) | (no burn) | 7.18 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 49.63 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 88.37 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 12.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 287 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Sundar Subramanian | Common Stock | Sell | Dispose S | No | Yes | 52.58 | 5,799 | 304.91 k | 15,399 |
9 Feb 24 | Sundar Subramanian | Common Stock | Sell | Dispose S | No | Yes | 57.38 | 2,475 | 142.02 k | 21,198 |
2 Feb 24 | Kane Charles Francis | Common Stock | Sell | Dispose S | No | No | 57.37 | 5,000 | 286.85 k | 62,110 |
2 Feb 24 | Ian Pitt | Common Stock | Sell | Dispose S | No | Yes | 57.4037 | 3,168 | 181.85 k | 3,167 |
1 Feb 24 | Sundar Subramanian | Common Stock | Payment of exercise | Dispose F | No | No | 57.14 | 7,758 | 443.29 k | 23,673 |
1 Feb 24 | Sundar Subramanian | Common Stock | Option exercise | Acquire M | No | No | 0 | 17,489 | 0.00 | 31,431 |
1 Feb 24 | Sundar Subramanian | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 17,489 | 0.00 | 0 |
1 Feb 24 | Ian Pitt | Common Stock | Payment of exercise | Dispose F | No | No | 57.14 | 2,763 | 157.88 k | 6,335 |
1 Feb 24 | Ian Pitt | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,098 | 0.00 | 9,098 |
1 Feb 24 | Ian Pitt | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 9,098 | 0.00 | 0 |
News
Small Caps Rally, Magnificent 7 Ease, Gold Eyes $2,200, Bitcoin Falls Below $69,000: What's Driving Markets Wednesday?
27 Mar 24
JP Morgan Maintains Overweight on Progress Software, Lowers Price Target to $63
27 Mar 24
Why Information Technology Company MariaDB Shares Are Rocketing Wednesday
27 Mar 24
Why MariaDB Shares Are Trading Higher By Around 100%; Here Are 20 Stocks Moving Premarket
27 Mar 24
Oppenheimer Maintains Outperform on Progress Software, Maintains $66 Price Target
27 Mar 24
Press releases
Announcement for the Purposes of Rule 2.12 of the Irish Takeover Rules
27 Mar 24
Progress Announces First Quarter 2024 Financial Results
26 Mar 24
Progress Software Corp. Statement regarding Possible Offer for MariaDB plc
26 Mar 24
Progress Recognized by Gartner® in the 2024 Magic Quadrant™ for Digital Experience Platforms for Third Consecutive Year
11 Mar 24
Progress Announces Amended Credit Facility
7 Mar 24