Benzinga | Jan 14, 2021 04:15PM EST

Progress Software Q4 Adj. EPS $0.91 Beats $0.77 Estimate, Sales $129.10M Beat $128.01M Estimate

Progress Software (NASDAQ:PRGS) reported quarterly earnings of $0.91 per share which beat the analyst consensus estimate of $0.77 by 18.18 percent. This is a 15.19 percent increase over earnings of $0.79 per share from the same period last year. The company reported quarterly sales of $129.10 million which beat the analyst consensus estimate of $128.01 million by 0.85 percent. This is a 4.61 percent increase over sales of $123.42 million the same period last year.