Progress Software Corp /Ma Q2 FY2021 Earnings Call

Progress Software Corp /Ma (PRGS)

Earnings Call FY2021 Q2 Call date: 2021-06-24 Concluded

Quarter scorecard

Revenue

$122.49M

+22% YoY

Diluted EPS

$0.30

-18.9% YoY

Gross margin

84.2%

-1.6 pp YoY

Net income

$13.56M

-20.1% YoY

Maintenance and Services $92.38M

+14.4%

Software Licenses $30.11M

+53.1%