Benzinga | Sep 23, 2021 04:28PM EDT

Progress Software Q3 EPS $1.18 Beats $0.82 Estimate, Sales $152.60M Beat $131.07M Estimate

Progress Software (NASDAQ:PRGS) reported quarterly earnings of $1.18 per share which beat the analyst consensus estimate of $0.82 by 43.9 percent. This is a 51.28 percent increase over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $152.60 million which beat the analyst consensus estimate of $131.07 million by 16.43 percent. This is a 37.62 percent increase over sales of $110.88 million the same period last year.