Earnings

Progress Software Lowers FY2026 GAAP EPS Guidance from $1.60-$1.74 to $1.18-$1.28 vs $1.63 Est; Raises FY2026 Sales Guidance from $990.000M-$1.002B to $1.044B-$1.052B

Sep 30, 2026 · 04:09 PM ET· updated 1h ago

Progress Software (NASDAQ:PRGS) lowers FY2026 GAAP EPS guidance from $1.60-$1.74 to $1.18-$1.28 vs $1.63 analyst estimate. Raises FY2026 sales outlook from $990.000 million-$1.002 billion to $1.044 billion-$1.052

Why It Matters

Progress Software is making more money than expected, which is good news. But they say they will make less profit per share, which worries people.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.

Tickers in Play

PRGS38.85

-0.59 (-1.51%)

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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