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Progress Software Corp PRGS

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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
14 Oak Park
Bedford, MA, 01730
T +1 781 280-4000
Sector Technology
Industry Software - Application
Most Recent Earnings Feb 28, 2021
Fiscal Year End Nov 30, 2021
Stock Type Classic Growth
Employees 1,796