Stock Track | Progress Software Soars 10.36% Intraday on Strong Q4 Earnings and Upbeat FY26 Guidance

Stock Track01-21 22:33

Progress Software (PRGS) surged 10.36% during intraday trading following the release of its fiscal Q4 2025 results, which exceeded analyst expectations. The company reported adjusted earnings per share (EPS) of $1.51, beating the consensus estimate of $1.31, while revenue reached $252.67 million, slightly below forecasts.

The strong performance was driven by a 2% year-over-year increase in annualized recurring revenue (ARR) to $852 million and a non-GAAP operating margin of 38%. CEO Yogesh Gupta highlighted the company's "strongest year ever," attributing the success to AI-powered innovation and customer success.

Progress Software also provided optimistic guidance for fiscal 2026, projecting adjusted EPS of $5.82 to $5.96 and revenue between $986 million and $1 billion, both above analyst estimates. This upbeat outlook fueled investor confidence, contributing to the stock's sharp rise.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment