Progress Software Corporation

NasdaqGS PRGS

Progress Software Corporation EBT Margin for the Trailing 12 Months (TTM) ending August 31, 2024: 13.44%

Progress Software Corporation EBT Margin is 13.44% for the Trailing 12 Months (TTM) ending August 31, 2024, a -1.69% change year over year. EBT Ratio (Earnings Before Tax Ratio) is the fraction of earnings before taxes to total revenue, indicating the company's profitability before the impact of tax expenses.
  • Progress Software Corporation EBT Margin for the Trailing 12 Months (TTM) ending August 31, 2023 was 13.68%, a -23.57% change year over year.
  • Progress Software Corporation EBT Margin for the Trailing 12 Months (TTM) ending August 31, 2022 was 17.89%, a -6.19% change year over year.
  • Progress Software Corporation EBT Margin for the Trailing 12 Months (TTM) ending August 31, 2021 was 19.07%, a 18.30% change year over year.
  • Progress Software Corporation EBT Margin for the Trailing 12 Months (TTM) ending August 31, 2020 was 16.12%, a 9.27% change year over year.
Key data
Date EBT Margin Net Income Margin EBITDA Margin EBIT Margin
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NasdaqGS: PRGS

Progress Software Corporation

CEO Mr. Yogesh K. Gupta
IPO Date July 30, 1991
Location United States
Headquarters 15 Wayside Road
Employees 2,284
Sector Technology
Industries
Description

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

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StockViz Staff

January 15, 2025

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