Progress Software Corp /Ma Q1 FY2023 Earnings Call

Progress Software Corp /Ma (PRGS)

Earnings Call FY2023 Q1 Call date: 2023-03-28 Concluded

Quarter scorecard

Revenue

$164.23M

+13.3% YoY

Diluted EPS

$0.53

+15.2% YoY

Gross margin

84.0%

+0.0 pp YoY

Net income

$23.67M

+15.7% YoY

Maintenance and Services $106.66M

+4.4%

Software Licenses $57.57M

+34.7%