Progress Software Corp /Ma Q1 FY2020 Earnings Call

Progress Software Corp /Ma (PRGS)

Earnings Call FY2020 Q1 Call date: 2020-03-26 Concluded

Quarter scorecard

Revenue

$109.68M

+22.5% YoY

Diluted EPS

$0.46

+119% YoY

Gross margin

86.4%

+4.3 pp YoY

Net income

$21.12M

+124.6% YoY

OpenEdge Segment $77.08M

Application Development and Deployment Segment $18.92M

Data Connectivity and Integration Segment $13.69M