Stock Track | Progress Software Soars 7.15% in Pre-Market on Strong Q4 Earnings and Upbeat FY26 Guidance

Stock Track17:28

Progress Software (NASDAQ: PRGS) surged 7.15% in pre-market trading Wednesday, following the release of its fiscal Q4 2025 results and optimistic guidance for FY26.

The company reported adjusted earnings of $1.51 per share, beating the consensus estimate of $1.31, while revenue of $252.67 million narrowly missed expectations. Progress Software also provided strong FY26 guidance, projecting adjusted EPS of $5.82-$5.96 (above the $5.53 estimate) and revenue of $986 million-$1 billion (surpassing the $978.1 million forecast).

CEO Yogesh Gupta attributed the performance to the company's "strongest year ever," driven by AI-powered innovation and customer success. The market responded positively to the earnings beat and upbeat outlook, fueling the pre-market rally.

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