P

Progress Software Corp
D

PRGS

69.260
USD
0.52
(0.76%)
Market Closed
Volume
7,710
EPS
4
Div Yield
1.01
P/E
37
Market Cap
2,971,602,032
OverviewSignalsIdeasNews
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News

Title: Progress Software Corp

Sector: Technology
Industry: Software - Infrastructure
Progress Software Corporation is a provider of cloud-based security solutions to large-and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of thefirm's revenue is generated in the United States and it also has presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.