Progress Software
PRGS----
Q2 FY2026 EarningsProgress Software (PRGS) announced a $400 million cash acquisition of Domo's AI and data platform assets, expected to close by FYE Nov 30, 2026. Management reiterated Q3 FY26 guidance, expecting revenue and non-GAAP EPS to meet or exceed the high end of previous projections. The deal adds 2,400+ customers and a strategic cloud ecosystem, funded by cash and existing revolving credit facilities.
Financial report interval: 2026.03.03 - 2026.05.31
Preview: Progress Software(PRGS) predict that the Revenue is 253.47 M (+6.79%), Beat estimate;the EBIT is 102.62 M (+7.5%), Beat estimate;the EPS is 0.5 (+28.21%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.25B6.79%
0.24B2.27%
+0.01B4.52%
EBITExceed expectations
0.10B7.50%
0.10B0.23%
+0.01B7.27%
EPSExceed expectations
0.528.21%
0.38670.85%
+0.113329.06%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf