Progress Software Corp /Ma Q3 FY2020 Earnings Call

Progress Software Corp /Ma (PRGS)

Earnings Call FY2020 Q3 Call date: 2020-09-29 Concluded

Quarter scorecard

Revenue

$109.70M

+2.8% YoY

Diluted EPS

$0.53

+76.7% YoY

Gross margin

86.6%

+6.1 pp YoY

Net income

$23.98M

+76.9% YoY

OpenEdge Segment $85.79M

+9.1%

Application Development and Deployment Segment $19.44M

+0.4%

Data Connectivity and Integration Segment $4.47M

-49%