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Progress Software Corp - Stock Quote PRGS

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Morningstar's Progress Software Corp Stock Analysis

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1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

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Key Statistics - PRGS

Progress Software Corp's Company Profile

Business Description

Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm operates in three segments: OpenEdge, which offers development software for building multi-language applications; Data Connectivity and Integration, which focuses on data integration components of its cloud offerings; and Application Development and Deployment, which focuses on growing application development assets for customers. 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 the firm's revenue is generated in the United States, Europe, the Middle East, and Africa (EMEA).

Contact
15 Wayside Road, Suite 400
Burlington, MA, 01803
T +1 781 280-4000
Industry Software - Application
Most Recent Earnings Feb 28, 2022
Fiscal Year End Nov 30, 2022
Stock Type Aggressive Growth
Employees 2,103