Progress Software Corp. (NASDAQ: PRGS) reported better-than-expected earnings for the second quarter of fiscal 2025, reinforcing its position as a steady performer in the application development and digital experience space.
Q2 Snapshot: Earnings Beat, Revenue Steady
-
Earnings Per Share (EPS): $1.40 (vs. $1.30 estimate)
-
Revenue: $237 million (in line with consensus at $237.53 million)
Despite revenue coming in slightly below consensus, the earnings beat was a notable highlight. This performance reflects the company’s ability to optimize operating margins and manage costs effectively.
Q3 2025 Guidance
Progress provided Q3 EPS guidance in the range of $1.28–$1.34, compared to the analyst consensus of $1.30. The guidance is viewed as solid and suggests continued resilience in enterprise demand for low-code development tools and digital experience platforms.
Stock Performance
-
Last 3 Months: +10.09%
-
Last 12 Months: +19.22%
The company has seen six positive EPS revisions and just one negative in the last 90 days, signaling increasing analyst confidence in its business outlook.
Relevant APIs to Monitor Fundamentals & Revisions
To track companies like Progress that are under active analyst coverage and exhibit consistent earnings performance, these APIs are highly relevant:
🔹 Earnings Historical API
Get access to:
-
Past EPS and revenue performance
-
Beat/miss history
-
Pre- and post-market movement trends
Useful for tracking consistency in delivering earnings surprises over time.
🔹 Up/Down Grades by Company API
Monitor:
-
Analyst upgrades/downgrades
-
Rating momentum
-
Impact of guidance on sentiment
A powerful indicator when gauging how markets interpret updated forecasts.
Bottom Line
Progress Software’s solid earnings beat and stable guidance highlight its consistent execution in a volatile tech landscape. With improving analyst sentiment and a healthy 12-month stock return, PRGS is drawing investor attention for all the right reasons.
For earnings-focused investors, keeping a close eye on guidance trends and revision data is key — and Progress is delivering on both fronts.
