Progress Software Stock Climbs After Mixed Q4 Results, Strong FY26 Guidance

Benzinga01-21 05:42

Progress Software Corp. (NASDAQ:PRGS) shares climbed in Tuesday's extended trading after the company released its fourth quarter earnings report and strong forward guidance.

Here's a look at the key figures from the quarter.

PRGS stock is moving. Watch the price action here.

The Details: Progress Software reported quarterly earnings of $1.51 per share, which beat the Street estimate of $1.31.

Quarterly revenue came in at $252.67 million, which just missed the consensus estimate of $252.86 million.

Annualized Recurring Revenue (ARR) of $852 million increased 2% year-over-year on a constant currency basis.
Operating margin was 15% and non-GAAP operating margin was 38%.
Diluted earnings per share was 59 cents compared to three cents in the same quarter last year.
Non-GAAP diluted earnings per share was $1.51 compared to $1.33 in the same quarter last year.

“2025 was our strongest year ever for Progress as we continue to execute on our long-term Total Growth strategy to invest and innovate, acquire and integrate, and drive customer success,” said Yogesh Gupta, CEO of Progress Software.

Outlook: Progress Software expects fiscal 2026 adjusted EPS of $5.82 to $5.96, versus the $5.53 analyst estimate, and revenue in a range of $986 million to $1 billion, versus the $978.1 million estimate.

PRGS Stock Price: According to data from Benzinga Pro, Progress Software stock rose 7.51% to $41.50 in Tuesday's extended trading.

Photo: Shutterstock

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Watch the price action here.</strong></li>\n</ul>\n<p><strong>The Details: </strong>Progress Software reported quarterly earnings of $1.51 per share, which beat the Street estimate of $1.31. </p>\n<p>Quarterly revenue came in at $252.67 million, which just missed the consensus estimate of $252.86 million. </p>\n<ul>\n<li>Annualized Recurring Revenue (ARR) of $852 million increased 2% year-over-year on a constant currency basis.</li>\n<li>Operating margin was 15% and non-GAAP operating margin was 38%.</li>\n<li>Diluted earnings per share was 59 cents compared to three cents in the same quarter last year.</li>\n<li>Non-GAAP diluted earnings per share was $1.51 compared to $1.33 in the same quarter last year.</li>\n</ul>\n<p>“2025 was our strongest year ever for Progress as we continue to execute on our long-term Total Growth strategy to invest and innovate, acquire and integrate, and drive customer success,” said <strong>Yogesh Gupta</strong>, CEO of Progress Software. </p>\n<p><strong>Outlook:</strong> Progress Software expects fiscal 2026 adjusted EPS of $5.82 to $5.96, versus the $5.53 analyst estimate, and revenue in a range of $986 million to $1 billion, versus the $978.1 million estimate.</p>\n<p><strong>PRGS Stock Price:</strong> According to data from Benzinga Pro, Progress Software stock rose 7.51% to $41.50 in Tuesday's extended trading.  </p>\n<p><em>Photo: Shutterstock</em></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Watch the price action here.</strong></li>\n</ul>\n<p><strong>The Details: </strong>Progress Software reported quarterly earnings of $1.51 per share, which beat the Street estimate of $1.31. </p>\n<p>Quarterly revenue came in at $252.67 million, which just missed the consensus estimate of $252.86 million. </p>\n<ul>\n<li>Annualized Recurring Revenue (ARR) of $852 million increased 2% year-over-year on a constant currency basis.</li>\n<li>Operating margin was 15% and non-GAAP operating margin was 38%.</li>\n<li>Diluted earnings per share was 59 cents compared to three cents in the same quarter last year.</li>\n<li>Non-GAAP diluted earnings per share was $1.51 compared to $1.33 in the same quarter last year.</li>\n</ul>\n<p>“2025 was our strongest year ever for Progress as we continue to execute on our long-term Total Growth strategy to invest and innovate, acquire and integrate, and drive customer success,” said <strong>Yogesh Gupta</strong>, CEO of Progress Software. </p>\n<p><strong>Outlook:</strong> Progress Software expects fiscal 2026 adjusted EPS of $5.82 to $5.96, versus the $5.53 analyst estimate, and revenue in a range of $986 million to $1 billion, versus the $978.1 million estimate.</p>\n<p><strong>PRGS Stock Price:</strong> According to data from Benzinga Pro, Progress Software stock rose 7.51% to $41.50 in Tuesday's extended trading.  </p>\n<p><em>Photo: Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2065732104.USD","symbol_name":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC","start_time":0,"source_url":"https://www.benzinga.com/markets/earnings/26/01/50022770/progress-software-stock-climbs-after-mixed-q4-results-strong-fy26-guidance","article_id":"2605079141","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605079141","pubTimestamp":1768945367,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Here&#39;s a look inside the Q4 earnings report from Progress Software.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2065732104.USD":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC","BK4110":"抵押房地产投资信托","ARR":"ARMOUR住宅房地产公司","PRGS":"Progress Software Corporation","BK4097":"系统软件"},"translate_title":"Progress Software股价在第四季度业绩好坏参半、2026财年指引强劲后攀升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARR":1,"PRGS":1.5},"content_text":"Progress Software Corp. (NASDAQ:PRGS) shares climbed in Tuesday's extended trading after the company released its fourth quarter earnings report and strong forward guidance. \nHere's a look at the key figures from the quarter. \n\nPRGS stock is moving. Watch the price action here.\n\nThe Details: Progress Software reported quarterly earnings of $1.51 per share, which beat the Street estimate of $1.31. \nQuarterly revenue came in at $252.67 million, which just missed the consensus estimate of $252.86 million. \n\nAnnualized Recurring Revenue (ARR) of $852 million increased 2% year-over-year on a constant currency basis.\nOperating margin was 15% and non-GAAP operating margin was 38%.\nDiluted earnings per share was 59 cents compared to three cents in the same quarter last year.\nNon-GAAP diluted earnings per share was $1.51 compared to $1.33 in the same quarter last year.\n\n“2025 was our strongest year ever for Progress as we continue to execute on our long-term Total Growth strategy to invest and innovate, acquire and integrate, and drive customer success,” said Yogesh Gupta, CEO of Progress Software. \nOutlook: Progress Software expects fiscal 2026 adjusted EPS of $5.82 to $5.96, versus the $5.53 analyst estimate, and revenue in a range of $986 million to $1 billion, versus the $978.1 million estimate.\nPRGS Stock Price: According to data from Benzinga Pro, Progress Software stock rose 7.51% to $41.50 in Tuesday's extended trading.  \nPhoto: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2605079141","isCrawlerRequest":true}