Company Progress Software Corporation

Equities

PRGS

US7433121008

Software

Market Closed - Nasdaq 04:00:00 2024-04-18 pm EDT 5-day change 1st Jan Change
50.19 USD -0.79% Intraday chart for Progress Software Corporation -2.86% -7.57%

Business Summary

Progress Software Corporation is a provider of infrastructure software. The Company provides software that enables organizations to develop and deploy their applications, as well as manage their data platforms, cloud and information technology infrastructure. Its global professional services organization delivers business solutions for customers through a combination of products, consulting and education. The Company's consulting organization offers project management, implementation services, custom software development, programming and other services. Its services include application modernization, infrastructure automation, development operations, data management and managed database services, performance enhancements and tuning, and analytics/business intelligence. Its products include OpenEdge, Chef, Developer Tools, Kemp LoadMaster, MOVEit, DataDirect, WhatsUp Gold, Sitefinity, Flowmon, Corticon, MarkLogic and Semaphore. Semaphore is a semantic artificial intelligence platform.

Number of employees: 2,284

Sales per Business

USD in Million2022Weight2023Weight Delta
Maintenance
57.8 %
362 60.2 % 402 57.8 % +10.81%
Software Licenses
31.8 %
188 31.3 % 221 31.8 % +17.23%
Professional Services
10.4 %
51 8.5 % 72 10.4 % +40.53%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
54.8 %
311 51.6 % 381 54.8 % +22.44%
EMEA
32.1 %
208 34.5 % 223 32.1 % +7.30%
Asia Pacific
5.6 %
35 5.8 % 39 5.6 % +10.53%
Canada
4.5 %
30 5.0 % 31 4.5 % +2.52%
Latin America
3.0 %
18 3.0 % 21 3.0 % +16.94%

Managers

Managers TitleAgeSince
Chief Executive Officer 63 16-10-09
Director of Finance/CFO 52 20-01-30
Chief Tech/Sci/R&D Officer 56 21-08-02
Compliance Officer 41 22-04-30
Investor Relations Contact - 21-02-28
Human Resources Officer - 20-05-31
Corporate Officer/Principal - 21-06-13
Comptroller/Controller/Auditor - -
Sales & Marketing 47 19-09-30
Corporate Officer/Principal 59 16-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 17-05-31
Director/Board Member 66 06-11-08
Director/Board Member 70 19-10-23
Chief Executive Officer 63 16-10-09
Chairman 66 11-09-11
Director/Board Member 63 08-02-04
Director/Board Member 57 18-02-19
Director/Board Member 56 17-05-31
Director/Board Member 50 18-02-19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 43,218,086 42,570,474 ( 98.50 %) 0 98.50 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
15.67 %
6,877,780 15.67 % 367 M $
Vanguard Fiduciary Trust Co.
12.61 %
5,534,242 12.61 % 295 M $
Boston Trust Walden Corp.
3.877 %
1,701,094 3.877 % 91 M $
1,674,383 3.816 % 89 M $
Eaton Vance Management
3.415 %
1,498,387 3.415 % 80 M $
Dimensional Fund Advisors LP
3.098 %
1,359,246 3.098 % 72 M $
Fuller & Thaler Asset Management, Inc.
2.691 %
1,180,862 2.691 % 63 M $
Wellington Management Co. LLP
2.403 %
1,054,345 2.403 % 56 M $
Renaissance Technologies LLC
2.371 %
1,040,229 2.371 % 55 M $
Principal Global Investors LLC
2.339 %
1,026,458 2.339 % 55 M $

Company contact information

Progress Software Corp.

15 Wayside Road Suite 400

01803, Burlington

+781 280 4000

http://www.progress.com
address Progress Software Corporation(PRGS)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
50.59 USD
Average target price
63.61 USD
Spread / Average Target
+25.74%
Consensus
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