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Top Wall Street Forecasters Revamp Progress Software Expectations Ahead Of Q2 Earnings
Progress Software Corporation (NASDAQ:PRGS) is scheduled to release its second quarter financial results, after the closing bell on Tuesday.
Analysts expect the Burlington, Massachusetts-based company to report quarterly earnings at 95 per share, down from $1.06 per share in the year-ago period. Progress Software is expected to post revenue of $168.42 million, according to data from Benzinga Pro.
On March 26, Progress Software posted better-than-expected first-quarter results.
Progress Software shares gained 1.5% to close at $48.93 on Friday.
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