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Stock impact report

Progress Software Q1 Earnings Call Highlights [Yahoo! Finance]

Progress Software Corporation (PRGS) 
Last progress software corporation earnings: 3/26 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.progress.com
Company Research Source: Yahoo! Finance
margins above 41% and record cash generation (adjusted FCF $99M; unlevered FCF $111M); ARR ended at roughly $863M (+2% pro forma) with a 99% net retention rate. Management said AI is driving demand across the portfolio—“every product” is AI-enabled—and highlighted customer wins using Agentic RAG, the Progress Data Platform, ShareFile and infrastructure tools to cut costs, improve security, and win seven-figure ARR deals. Sequential SaaS revenue variability was attributed to ShareFile billing and data cleanup (now largely resolved) and better collections; the company paid down $60M of debt, repurchased $20M of stock, and guided FY2026 revenue of $988M–$1.0B with ~39% operating margin and EPS of $5.91–$6.03. Interested in Progress Software Corporation? Here are five stocks we like better. Progress Software: Making Progress Driven by the AI Revolution Progress Software (NASDAQ:PRGS) reported fiscal first-quarter 2026 results that management said reflected steady demand across i Show less Read more
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