Benzinga | Mar 25, 2021 04:23PM EDT

Progress Software Q1 EPS $0.95 Beats $0.75 Estimate, Sales $131.78M Beat $121.39M Estimate

Progress Software (NASDAQ:PRGS) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.75 by 26.67 percent. This is a 25 percent increase over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $131.78 million which beat the analyst consensus estimate of $121.39 million by 8.56 percent. This is a 15.84 percent increase over sales of $113.76 million the same period last year.