Progress Software Corporation (PRGS)

USD 66.22

(-3.83%)

Market Cap (In USD)

2.84 Billion

Revenue (In USD)

694.43 Million

Net Income (In USD)

70.19 Million

Avg. Volume

433.64 Thousand

Currency
USD
Country
Technology
Open
-
Prev. Close
-
Day Range
-
Year Range
48.0-70.56
PE
-
EPS
-
Beta Value
0.92
ISIN
US7433121008
CUSIP
743312100
CIK
876167
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Technology
Industry
Software - Application
CEO
Mr. Yogesh K. Gupta
Employee Count
-
Website
https://www.progress.com
Ipo Date
1991-07-30
Details
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.