Tržby společnosti Progress Software ve čtvrtletí činily 246,01 mil. USD, což představuje meziroční pokles o 1,5 %; region Asie a Tichomoří zaostal za odhady o 20,47 %.
Have you evaluated the performance of Progress Software's (PRGS - Free Report) international operations for the quarter ending August 2026? Given the extensive global presence of this business software maker, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.
In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must understand a company's dependence on overseas markets, as this offers a window into the company's earnings stability, its ability to benefit from varied economic cycles and its potential for long-term growth.
Participation in global economies acts as a defense against economic difficulties at home and a pathway to more rapidly developing economies. However, it also comes with the complexities of dealing with fluctuating currencies, geopolitical risks and different market dynamics.
While analyzing PRGS' performance for the last quarter, we found some intriguing trends in revenues from its overseas segments that Wall Street analysts commonly model and monitor.
The company's total revenue for the quarter amounted to $246.01 million, marking a decrease of 1.5% from the year-ago quarter. We will next turn our attention to dissecting PRGS' international revenue to get a clearer picture of how significant its operations are outside its main base.
Trends in PRGS' Revenue from International MarketsOf the total revenue, $6.46 million came from Latin America during the last fiscal quarter, accounting for 2.6%. This represented a surprise of +15.08% as analysts had expected the region to contribute $5.61 million to the total revenue. In comparison, the region contributed $5.79 million, or 2.3%, and $6.22 million, or 2.5%, to total revenue in the previous and year-ago quarters, respectively.
During the quarter, Europe, Middle East and Africa contributed $68.99 million in revenue, making up 28.1% of the total revenue. When compared to the consensus estimate of $68.37 million, this meant a surprise of +0.91%. Looking back, Europe, Middle East and Africa contributed $70.61 million, or 27.9%, in the previous quarter, and $68.34 million, or 27.4%, in the same quarter of the previous year.
Asia Pacific generated $11.2 million in revenues for the company in the last quarter, constituting 4.6% of the total. This represented a surprise of -20.47% compared to the $14.08 million projected by Wall Street analysts. Comparatively, in the previous quarter, Asia Pacific accounted for $14.54 million (5.7%), and in the year-ago quarter, it contributed $11.83 million (4.7%) to the total revenue.
Projected Revenues in Foreign MarketsWall Street analysts expect Progress Software to report a total revenue of $297.14 million in the current fiscal quarter, which suggests an increase of 17.6% from the prior-year quarter. Revenue shares from Latin America, Europe, Middle East and Africa and Asia Pacific are predicted to be 2.6%, 28%, and 4.6%, corresponding to amounts of $7.8 million, $83.33 million, and $13.53 million, respectively.
For the full year, the company is projected to achieve a total revenue of $1.04 billion, which signifies a rise of 6.8% from the last year. The share of this revenue from various regions is expected to be: Latin America at 2.5% ($25.57 million), Europe, Middle East and Africa at 28.9% ($301.32 million), and Asia Pacific at 4.8% ($50.47 million).
In ConclusionProgress Software's leaning on foreign markets for its revenue stream presents a mix of chances and challenges. Therefore, a vigilant watch on its international revenue movements can greatly aid in projecting the company's future direction.
In an era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay keen attention to these developments to fine-tune their earnings estimations for businesses operating across borders. It's important to note, however, that a range of additional variables, like a company's local market status, also play a crucial role in shaping these forecasts.
Emphasizing a company's shifting earnings prospects is a key aspect of our approach at Zacks, especially since research has proven its substantial influence on a stock's price in the short run. This correlation is positively aligned, meaning that improved earnings projections tend to boost the stock's price.
Our proprietary stock rating tool, the Zacks Rank, with its externally validated exceptional track record, harnesses the power of earnings estimate revisions to serve as a dependable measure for anticipating the short-term price trends of stocks.
At the moment, Progress Software has a Zacks Rank #3 (Hold), signifying that its performance may align with the overall market trend in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
A Review of Progress Software's Recent Stock Market PerformanceThe stock has witnessed a decline of 16.2% over the past month versus the Zacks S&P 500 composite's an increase of 0.6%. In the same interval, the Zacks Computer and Technology sector, to which Progress Software belongs, has registered an increase of 6.4%. Over the past three months, the company's shares saw a decrease of 2.5%, while the S&P 500 increased by 2.7%. In comparison, the sector experienced an increase of 5.3% during this timeframe.
Michael Micciche - Senior Vice President of Investor Relations
Yogesh Gupta - CEO, President & Director
Anthony Folger - Executive VP, CFO & Treasurer
Conference Call Participants
Lawrence Vensko - Guggenheim Securities, LLC, Research Division
Fatima Boolani - Citigroup Inc., Research Division
Lucky Schreiner - D.A. Davidson & Co., Research Division
John DiFucci - Guggenheim Securities, LLC, Research Division
Presentation
Operator
Hello, and welcome to Progress Software's Third Quarter Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Michael Micciche, SVP of Investor Relations. You may begin.
Michael Micciche
Senior Vice President of Investor Relations
Thank you, Tawanda. It's nice to have you back with us. Good afternoon, everyone, and thanks for joining us for Progress Software's Third Fiscal Quarter 2026 Financial Results Conference Call. Joining me on the call are Yogesh Gupta, our President and CEO, and Anthony Folger, our Chief Financial Officer. Before we get started, please consider our Safe Harbor statement. During this call, we will discuss our outlook for future financial and operating performance, corporate strategy, product plans, cost initiatives, our acquisition and integration of Domo, and other information that might be considered forward-looking.
Such forward-looking information represents Progress Software's outlook and guidance only as of today and is subject to risks and uncertainties, and our actual results may differ materially. For a description of the factors that may affect our future results and operations, please refer to the risk factors in our SEC filings, particularly the risk factor section in our most recent Form 10-K and the latest 10-Q filing, which was filed in conjunction with this announcement.
Progress assumes no obligation to update forward-looking statements included in this call. Additionally, please note that all the financial figures
Progress Software (PRGS - Free Report) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.5 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +13.42%. A quarter ago, it was expected that this business software maker would post earnings of $1.49 per share when it actually produced earnings of $1.62, delivering a surprise of +8.72%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Progress Software, which belongs to the Zacks Computer - Software industry, posted revenues of $246.01 million for the quarter ended August 2026, missing the Zacks Consensus Estimate by 0.47%. This compares to year-ago revenues of $249.79 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Progress Software shares have lost about 8.2% since the beginning of the year versus the S&P 500's gain of 12.1%.
What's Next for Progress Software?While Progress Software has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Progress Software was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.41 on $251.36 million in revenues for the coming quarter and $6.16 on $994.66 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computer - Software is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Pegasystems (PEGA - Free Report) , has yet to report results for the quarter ended September 2026.
This business software company is expected to post quarterly earnings of $0.45 per share in its upcoming report, which represents a year-over-year change of +50%. The consensus EPS estimate for the quarter has been revised 4.4% higher over the last 30 days to the current level.
Pegasystems' revenues are expected to be $442.6 million, up 16.1% from the year-ago quarter.
Progress Software oznámila výsledky za fiskální třetí čtvrtletí končící 31. srpna 2026. Firma dnes také pořádá konferenční hovor k výsledkům a výhledu.
BURLINGTON, Mass., Sept. 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index and an AI infrastructure software leader, today announced its financial results for the fiscal third quarter ended on August 31, 2026.
The company’s earnings release and a supplemental slide presentation can be accessed via the Investor Events & Presentations link on the Progress Investor Relations webpage. Progress will host a conference call today at 5:00 p.m. ET to discuss its results and outlook.
Conference Call Details
A live webcast of the call will be available at this link.To access the conference call by phone, use this link to retrieve dial-in details. Participants are encouraged to dial in 15 minutes before the scheduled start time.A replay of the conference call and supporting materials will be available on the Progress Investor Relations webpage following the live event.
About Progress Software
Progress Software (Nasdaq: PRGS) provides the context and control organizations need to reliably extract value from AI—context drawn from an organization's data, content and workflows, and control over the security, governance and cost of their AI initiatives. Learn how hundreds of thousands of businesses, powering the work of tens of millions of professionals worldwide, realize value from trusted, enterprise-ready AI at www.progress.com.
Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.
Progress oznámil zářijovou verzi 2026 Progress Domo s vylepšeným Magic ETL, která zrychluje tvorbu a ladění datových pipeline a rozšiřuje funkce řízené AI. Novinky přidávají lepší dohled nad AI operacemi a auditovatelné automatizace.
New Progress Domo release helps organizations deliver trusted data and AI outcomes faster with greater pipeline visibility, governed AI experiences and auditable automation
BURLINGTON, Mass., Sept. 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced the September 2026 product release for its newly-acquired Domo® data and AI platform, led by a significant update to Progress® Domo Magic ETL that helps data teams build, inspect and troubleshoot data pipelines more efficiently. The release also expands AI capabilities in Progress Domo by turning AI Chat into a more active analytics builder and giving administrators clearer oversight of AI-triggered work and third-party AI usage.
The release is focused on helping organizations accelerate trusted analytics and AI initiatives by simplifying data preparation, expanding self-service insights and strengthening governance. New capabilities span the entire analytics lifecycle, from preparing and enriching data to generating insights and managing AI-driven processes and actions.
“Organizations do not need more data and tools. They need confidence in the information insights and business processes that drive decisions. This release helps our customers to move faster from trusted data to governed AI-powered outcomes while maintaining the visibility and control required at enterprise scale,” said John Ainsworth, EVP and General Manager, Application and Data Platform, Progress Software.
Build trusted data pipelines faster
Data teams need confidence that the data powering analytics and AI is accurate and performing as expected. Data practitioners will now have greater visibility and control with new Domo Magic ETL observability capabilities that help identify issues more quickly, understand the impact of data transformation and shorten the time required to troubleshoot and optimize pipelines.
New observability features such as Executive Details Heatmaps and DataFlow Versioning provide visibility into how data changes as it moves through a pipeline, highlight processing bottlenecks and enable teams to compare current workflows against previous versions. Organizations will be able to improve data reliability while reducing effort required to maintain complex data flows.
“Reliable AI starts with data teams understanding what happens inside their pipelines,” said Ben Schein, Vice President of AI and Analytics, Progress Software. “These Magic ETL updates help builders catch issues sooner and prepare trusted data for the analytics, AI tools and automated workflows their businesses rely on.”
Extract business insights from unstructured data
Organizations increasingly need to simplify extracting value from unstructured data, such as customer feedback, support interactions and other text-based content. New AI-powered capabilities in Domo Magic ETL help teams analyze and classify text-based information within existing workflows without customized scripts or external AI APIs. The Sentiment Analysis Tile evaluates text from sources such as surveys and support tickets while the Classification Tile organizes unstructured text into predefined categories or custom tags. A new multi-statement SQL tile further improves flexibility for technical users, enabling more efficient data preparation and transformation across complex datasets.
Move quickly from questions to action with AI Chat
Domo AI Chat can now analyze multiple DataSets and documents in one conversation, helping users analyze data across multiple sources, generate interactive visualizations and initiate business processes. Organizations can accelerate decision-making while maintaining existing permissions and governance controls. Administrators can configure specialized assistants for a particular application or account, while DomoStats records Domo AI Pro operations for review. The updated Domo AI Chat is generally available to customers on consumption pricing.
Increase visibility and control over AI operations
Organizations can strengthen AI governance with new workflow auditing capabilities and enhanced package management that identifies application and workflow dependencies, allowing developers to remove obsolete or sensitive packages without unintentionally breaking a process. The Domo platform also adds new AI Admin Connectors that provide visibility into AI service consumption. Initial integrations include services from OpenAI, Anthropic and Cursor. Organizations can combine this information with employee directories to examine usage by team or cost center. AI Admin Connectors are generally available through the Domo Appstore. Together, these capabilities improve accountability, oversight and operational control as AI adoption scales.
Now in Beta! Extend AI across data and operations
Domo customers can now test an expanded AI Library with beta MCP toolkits that facilitate operational work across Domo through authorized assistants. Users can ask an assistant to design a workflow, guide an application through a Domo Sandbox promotion, and conduct routine tasks such as alerts and workspace upkeep with the assurance that all actions are subject to existing user permissions.
Snowflake Semantic Views allows customers to use established Snowflake relationships and metrics in Domo without copying the underlying data or rebuilding the same logic. Analysts can use those governed definitions in Domo while Snowflake remains the source of truth.
Additional beta capabilities include:
Calculated Columns Rule Builder: Visual interface for conditional columns without writing DQLActivity Log Webhooks: Real-time security and admin events sent to external monitoring systemsCloud integration calendar updates: Custom fiscal calendars and regional date settings for Snowflake, Databricks and BigQuery integrations Availability varies by capability and account configuration. To learn more about the September 2026 product release, join us for the Domo Connections tour.
About Progress Software
Progress Software (Nasdaq: PRGS) provides the context and control organizations need to reliably extract value from AI—context drawn from an organization's data, content and workflows, and control over the security, governance and cost of their AI initiatives. Learn how hundreds of thousands of businesses, powering the work of tens of millions of professionals worldwide, realize value from trusted, enterprise-ready AI at www.progress.com.
Progress, Domo, and certain product names used herein are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and/or other countries. See Trademarks for appropriate markings. All rights in any other trademarks contained herein are reserved by their respective owners and their inclusion does not imply an endorsement, affiliation or sponsorship as between Progress and the respective owners.
Press Contact:
Kim Baker
Progress Software
+1-800-477-6473 [email protected]
Progress Software uvedl ShareFile Enterprise pro větší a regulované organizace. Novinka přidává řízení přístupu, DLP, detekci hrozeb a lepší dohled nad sdílením dokumentů.
New ShareFile Enterprise offering helps organizations scale collaboration without scaling manual administration and security work through enterprise identity management, native data loss prevention and AI-driven threat detection
BURLINGTON, Mass., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced Progress® ShareFile® Enterprise, a new offering that helps larger and regulated organizations scale sensitive document collaboration from a single platform with enhanced capabilities that support governance and security. By combining automated access, SOC-connected visibility, native data loss prevention, intelligent risk monitoring and rich investigation context, ShareFile Enterprise gives IT and security teams greater visibility, control and governance over sensitive document workflows, without disrupting the user experience.
The result is a more scalable approach to document collaboration and file sharing that helps organizations reduce administrative burden, strengthen governance and support growth without changing how employees, clients and partners work.
Sensitive document collaboration in many organizations is expanding faster than the controls built to govern it. As organizations grow, more people and workflows interact with sensitive and confidential information. At the same time, IT and security teams often rely on manual provisioning, disconnected monitoring workflows, log exports, user judgment and fragmented investigations of anomalies. Together, these create additional operational overhead as collaboration scales. The challenge is no longer simply securing more files but maintaining consistent control without creating more work, increasing operational costs or slowing down the business.
“What became clear to us is that client collaboration is about much more than where files live,” said Scott Jenkins, Director of Information Technology, Keel Point. “We need the right controls, secure client experiences and workflows to support how we work with clients, families and their advisors. ShareFile gives us that foundation, and Enterprise gives us an opportunity to strengthen it with even greater security, governance and visibility.”
ShareFile Enterprise builds on established, secure ShareFile collaboration capabilities to meet the scale and governance needs of larger organizations, with enhanced access controls and unusual activity detection to help reduce administrative overhead and strengthen security. Native Data Loss Prevention applies consistent policies to sensitive content, AI-driven behavioral analytics helps surface unusual activity quickly and a centralized security experience connects alerts with the context teams need to support more informed investigation and response.
ShareFile Enterprise includes:
SCIM provisioning with Microsoft Entra ID: Automates employee provisioning and deactivation to help keep ShareFile access aligned with workforce changes and reduce repetitive access administration.SIEM integration with Splunk and Microsoft Sentinel: Routes supported ShareFile activity and security events into existing SOC monitoring tools, providing ShareFile context where security teams already work and reducing dependence on manual log exports or custom integrations.Native DLP (available as of October 1, 2026): Detects supported sensitive text-based content and allows administrators to apply policies that can alert, restrict external sharing or prevent downloads, moving sensitive-data protection from user reminders to consistent policy enforcement.User and Entity Behavior Analytics (UEBA) (available as of October 1, 2026): Analyzes activity patterns to surface unusual behavior such as abnormal downloads, off-hours activity or atypical access patterns, helping security teams identify activity worth investigating sooner.Centralized security operations experience (available as of October 1, 2026): Brings supported security alerts, user and activity context and investigation paths into one place, helping shorten the distance between seeing an alert, understanding what happened and determining the next appropriate action.
“For most of the last decade, as enterprises’ needs for document collaboration have scaled, they have had to layer manual security and administration work on top of the tools their teams use. With today’s governance and security standards, that model is reaching its limits,” said Loren Jarrett, EVP and General Manager, Digital Experience, Progress Software. “With the new ShareFile Enterprise offering, organizations can gain built-in control as collaboration grows, without scaling manual administration and disconnected processes. That means better outcomes and more time spent supporting the business.”
For more information about ShareFile Enterprise, visit https://www.sharefile.com/enterprise.
About Progress Software
Progress Software (Nasdaq: PRGS) provides the context and control organizations need to reliably extract value from AI—context drawn from an organization's data, content and workflows, and control over the security, governance and cost of their AI initiatives. Learn how hundreds of thousands of businesses, powering the work of tens of millions of professionals worldwide, realize value from trusted, enterprise-ready AI at www.progress.com.
Progress and ShareFile and certain product names used herein are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and/or other countries. See Trademarks for appropriate markings. All rights in any other trademarks contained herein are reserved by their respective owners and their inclusion does not imply an endorsement, affiliation or sponsorship as between Progress and the respective owners.
Press Contact:
Kim Baker
Progress Software
+1-800-477-6473 [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d31cd9c9-b685-4eb6-b94c-c80a0f9c0fb7
Progress Software Launches ShareFile Enterprise New ShareFile Enterprise offering helps organizations scale collaboration without scaling manual adm...
Acquisition advances Progress’ strategy to deliver the context and control organizations need to achieve trusted AI and agentic outcomes with confidence
BURLINGTON, Mass., Sept. 22, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced it has completed its acquisition of substantially all the assets of Domo’s AI and data platform business, as well as assumed certain liabilities.
“As organizations pursue AI initiatives, the challenge is no longer simply access to AI technology,” said Yogesh Gupta, CEO of Progress Software. “It is creating the right context, grounded in trusted data and knowledge, and maintaining the right control through governance, security and oversight. Together, context and control enable organizations to adopt and scale AI with confidence. We are excited to welcome Domo to Progress because it strengthens our ability to help customers build that foundation.”
Domo's cloud-native AI and data platform business will become part of Progress’ existing data platform offerings, further strengthening Progress’ ability to help customers connect, govern and activate enterprise data for secure, scalable AI and agentic initiatives.
Domo adds a customer base of over 2,400 businesses to Progress as well as global strategic partners including leading cloud data warehouse providers.
Continued Gupta, “Domo brings innovative technology, a talented team, a passionate customer base and a shared belief that organizations should be able to unlock the full value of their data. We see exciting opportunities ahead to build on our respective strengths and to continue helping organizations thrive in a world powered by AI.”
As previously announced, Progress paid $400M for the acquisition, funded with a combination of cash and its existing revolving credit facility. Progress will provide additional information on the financial impact of this acquisition on its upcoming third quarter earnings conference call on Wednesday, September 30, at 5:00 p.m. ET.
About Progress Software
Progress Software (Nasdaq: PRGS) provides the context and control organizations need to reliably extract value from AI—context drawn from an organization's data, content and workflows, and control over the security, governance and cost of their AI initiatives. Learn how hundreds of thousands of businesses, powering the work of tens of millions of professionals worldwide, realize value from trusted, enterprise-ready AI at www.progress.com.
Note Regarding Forward-Looking Statements
This press release contains statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Progress has identified some of these forward-looking statements with words like “believe,” “may,” “could,” “would,” “might,” “should,” “expect,” “intend,” “plan,” “target,” “anticipate” and “continue,” the negative of these words, other terms of similar meaning or the use of future dates. Risks, uncertainties and other important factors that could cause actual results to differ from those expressed or implied in the forward-looking statements include: uncertainties as to the effects of disruption from the acquisition of Domo making it more difficult to maintain relationships with employees, licensees, other business partners or governmental entities; other business effects, including the effects of industry, economic or political conditions outside of Progress’ control; transaction costs; actual or contingent liabilities; uncertainties as to whether anticipated synergies or tax benefits will be realized; and uncertainties as to whether Domo’s business will be successfully integrated with Progress’ business. For further information regarding risks and uncertainties associated with Progress’ business, please refer to Progress’ filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended November 30, 2025. Progress undertakes no obligation to update any forward-looking statements, which speak only as of the date of this press release.
Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.
Progress Software uvedla novou verzi Telerik a Kendo UI s funkcemi AI pro rychlejší vývoj aplikací připravených pro agenty. Novinka má zlepšit generování UI, ladění i modernizaci starších aplikací.
Latest release helps development teams transition from AI-assisted coding to production-ready, agent-driven applications
BURLINGTON, Mass., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced the latest Progress® Telerik® and Progress® Kendo UI® release, helping to accelerate UI development with context-aware AI while advancing a new generation of applications designed for both human and AI agent interaction. By embedding AI deeply into UI generation, application modernization and development workflows, the release enables teams to move beyond traditional software development cycles to AI-assisted coding, delivering production-ready, agent-driven software.
This release introduces a comprehensive set of AI-driven capabilities – from embedding accessibility and intelligent UI generation into the design process to enabling smarter debugging with proactive insights, agent-based document processing and seamless AI interaction with application interfaces. It also supports legacy modernization and RAG-powered data interaction, while helping teams build and ship intuitive, AI-ready user experiences faster through new components, automation and integrated tooling.
"Engineering leaders need to both enable their teams to use AI to scale their productivity and to increase their production of agentic applications,” said Loren Jarrett, EVP and GM, Digital Experience, Progress Software. “This release enables engineering teams to meet those needs by extending developer productivity and providing pioneering UI tools to build AI-embedded applications compatible with both human and agent interactions."
New capabilities include:
Comply with Accessibility Standards without Tedious Manual Work: Leverage the Progress® Agentic UI Generator to embed component-level accessibility directly into UI creation, delivering contextual guidance that reduces compliance risk and advances inclusive experiences.
Pinpoint Problems Faster with In-IDE Debugging and Automated Problem Alerts: Enable smarter debugging with Progress® Fiddler® Agent Skills by giving coding assistants direct visibility into network traffic, including the ability to proactively alert developers of problems and their suggested solutions.
Enable Agents to Interact with Documents: Extract structured data, analyze Excel files, convert formats and generate documents within existing applications without external AI services, using agent tools in Telerik® Document Processing Libraries (DPL).
Pioneer Agent-Ready UI with WebMCP: Enable AI agents to interact directly with application interfaces through WebMCP, eliminating fragile screen-scraping techniques and creating more reliable agent-driven experiences.
Modernize WinForms Apps with New UI: Accelerate legacy app transformation with automated conversion to Progress® Telerik® UI for WinForms using intelligent control mapping, code parsing and MCP-based automation.
Easily Add Agentic RAG Capabilities into Your .NET Apps: Connect to Progress® RAG-as-a-Service product to use LLMs to analyze and converse with your unstructured enterprise data, documents and other information.
Build UI for AI at Market Speed: Build intuitive experiences with Smart Paste, PromptBox and SmartBox, while benefiting from new components, broader framework support, faster CLI onboarding and integrated AI chat in documentation. To learn more about the latest release of Telerik and Kendo UI development tools, visit https://www.telerik.com.
About Progress Software
Progress Software (Nasdaq: PRGS) provides the context and control organizations need to reliably extract value from AI—context drawn from an organization's data, content and workflows, and control over the security, governance and cost of their AI initiatives. Learn how hundreds of thousands of businesses, powering the work of tens of millions of professionals worldwide, realize value from trusted, enterprise-ready AI at www.progress.com.
Progress, Telerik, Kendo UI, Fiddler, and certain product names used herein are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and/or other countries. See Trademarks for appropriate markings. All rights in any other trademarks contained herein are reserved by their respective owners and their inclusion does not imply an endorsement, affiliation or sponsorship as between Progress and the respective owners.
Press Contact:
Kim Baker
Progress Software
+1-800-477-6473 [email protected]
Progress Software se dohodla na koupi téměř všech aktiv AI a datové platformy Domo za 400 milionů USD v hotovosti. Akvizice má rozšířit nabídku Progress v oblasti AI a dat.
Acquisition further strengthens the capabilities of Progress data platform offerings to provide organizations the context and control to securely turn fragmented enterprise knowledge into governed, AI-ready intelligence—improving accuracy, speed and cost.
BURLINGTON, Mass., July 22, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced that it entered into an agreement to acquire substantially all of the assets and assume certain liabilities of Domo, including its AI and data products platform.
The acquisition aligns with Progress’ strategy to deliver the context and control for AI so customers can achieve their business goals with confidence. Domo’s agentic platform for the intelligent enterprise complements and significantly broadens Progress’ data platform offerings, creating powerful synergies to deliver innovative, secure and scalable AI data readiness solutions worldwide.
“Effective AI starts with accurate, trusted data and content to provide the context for accurate and verifiable outcomes,” said Yogesh Gupta, CEO of Progress Software. “Domo is a leading AI and data platform that enables businesses to access, integrate and leverage their data at scale. Domo’s product capabilities, coupled with their team’s expertise in cloud architectures and analytics, are highly complementary to our expanding Progress data platform capabilities that significantly improve the security, governance and cost of our customers’ AI initiatives.”
Domo will add a customer base of over 2,400 businesses, as well as a global and strategic ecosystem of cloud data warehouse technology partnerships.
“We have built Domo around the simple idea that trusted data should help people make better decisions and take action,” said Josh James, founder and CEO of Domo. “The addition of our product capabilities to the Progress data platform will give customers a stronger foundation for building AI that understands their business, works from governed data and can be trusted to support meaningful decisions.”
The proposed acquisition of Domo’s AI and data platform business is another example of the continued execution of Progress’ Total Growth Strategy. Progress continues to maintain financial discipline while seeking to acquire strong businesses with products that complement its existing AI solutions portfolio, include a robust customer base with strong retention rates and solid recurring revenue, and align with its company culture.
Reiterating Guidance
Based on currently available information, Progress anticipates revenue and non-GAAP earnings per share for its fiscal third quarter will be within or above the high end of previously issued guidance provided on June 30, 2026. The company will discuss full financial results of its third quarter on a conference call on September 30, 2026.
Transaction Details
The transaction is structured as an asset purchase where Progress intends to acquire substantially all of the assets and assume certain liabilities of Domo for a cash purchase price of $400 million. The acquisition is currently expected to close within Progress’ fiscal year, ending November 30, 2026, subject to obtaining regulatory approvals and the satisfaction of other customary closing conditions as set forth in the definitive agreement.
Progress expects to finance the transaction with a combination of cash and Progress’ existing revolving credit facility.
Conference Call
Progress will host a conference call to review details of the transaction at 5 p.m. EDT today, Wednesday, July 22, 2026. A live webcast of the call will be available using this link. To access the conference call by phone, please use this link to retrieve dial-in details. Attendees must register for the conference call, and an archived version and support materials will be available on the Progress Investor Relations webpage shortly after the conference call concludes.
Advisors
Citi is serving as the exclusive financial advisor for Progress on this transaction, and DLA Piper LLP (US) is serving as Progress’ legal counsel. Jefferies LLC is serving as the exclusive financial advisor to Domo, and Goodwin Procter LLP is serving as legal counsel.
About Progress Software
Progress Software (Nasdaq: PRGS) provides the context and control organizations need to reliably extract value from AI — context drawn from an organization's data, content and workflows, and control over the security, governance and cost of their AI initiatives. Learn how hundreds of thousands of businesses, powering the work of tens of millions of professionals worldwide, realize value from trusted, enterprise-ready AI at www.progress.com.
About Domo
Domo (Nasdaq: DOMO) is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today’s data-driven world. Built around our customers’ preferred data foundation, powered by our award-winning Domo.AI solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business.
Note Regarding Forward-Looking Statements
This press release contains statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Progress has identified some of these forward-looking statements with words like “believe,” “may,” “could,” “would,” “might,” “should,” “expect,” “intend,” “plan,” “target,” “anticipate” and “continue,” the negative of these words, other terms of similar meaning or the use of future dates. Risks, uncertainties and other important factors that could cause actual results to differ from those expressed or implied in the forward-looking statements include: Progress’ ability to close the proposed transaction, the expected time of closing or the expected benefits therefore; uncertainties as to the effects of disruption from the acquisition of Domo making it more difficult to maintain relationships with employees, licensees, other business partners or governmental entities; other business effects, including the effects of industry, economic or political conditions outside of Progress’ control; transaction costs; actual or contingent liabilities; uncertainties as to whether anticipated synergies or tax benefits will be realized; and uncertainties as to whether Domo’s business will be successfully integrated with Progress’ business. For further information regarding risks and uncertainties associated with Progress’ business, please refer to Progress’ filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended November 30, 2025. Progress undertakes no obligation to update any forward-looking statements, which speak only as of the date of this press release.
Non-GAAP Financial Information
This press release contains certain non-GAAP financial measures. These measures are provided solely as supplemental information and are not intended to be considered in isolation or as a substitute for the comparable GAAP measures; these measures reflect assumptions and expected synergies from the transaction and are subject to risks and uncertainties. Progress is unable to provide a reconciliation of the projected non-GAAP measures provided herein to the relevant projected GAAP measures without unreasonable effort because certain items necessary to calculate such GAAP measures are inherently uncertain and dependent on future events.
Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.
Progress Software po zveřejnění výsledků za 2. fiskální čtvrtletí a zvýšení celoročního výhledu prudce roste. Tržby 253,5 milionu USD i upravený zisk 1,62 USD na akcii překonaly odhady.
Progress Software (PRGS +19.12%) stock is surging in Wednesday's trading, having risen 17.9% as of 11 a.m. ET. The S&P 500 was flat% at the same point in the daily session, and the Nasdaq Composite was down 0.4%.
After yesterday's market close, Progress published results for the second quarter of its current fiscal year -- which ended May 31. The company posted sales and earnings for the period that beat Wall Street's expectations, and investors are also liking the software specialist's forward guidance.
Image source: Getty Images.
Progress Software beats Wall Street's fiscal Q2 targets Progress Software recorded non-GAAP (adjusted) earnings of $1.62 on sales of $253.5 million in fiscal Q2, beating the average Wall Street analyst estimate's call for per-share earnings of $1.49 on sales of $242.74 million. Sales unexpectedly rose 6.7% year over year in the quarter, and net income surged 24% compared to the prior-year period. The company saw strong demand across its product portfolio, with AI-powered offerings helping to lift sales and earnings performance in the quarter.
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What's next for Progress Software? Along with its fiscal Q2 report, Progress raised its earnings guidance for the fiscal year. The company now expects sales for the period to come in between $990 million and $1.02 billion -- up from its previous guidance for sales between $988 million and $1 billion. Meanwhile, adjusted earnings per share are projected to be between $6.09 and $6.21 -- with the midpoint of its guidance reflecting an $0.18 per share increase over its previous target.
The company also hiked its targets for adjusted free cash flow to between $271 million and $283 million for the year and unlevered free cash flow to between $323 million and $334 million. With Progress Software posting better-than-expected fiscal Q2 results and forward guidance and investors rotating cash back into software stocks, the company's valuation is getting a big boost today.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
BURLINGTON, Mass., June 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index and a trusted provider of AI-powered digital experience and infrastructure software, today announced its financial results for the fiscal second quarter ended May 31, 2026.
The company’s earnings release and a supplemental slide presentation can be accessed via the Investor Events & Presentations link on the Progress Investor Relations webpage. Progress will host a conference call today at 5:00 p.m. Eastern Time to discuss its results and outlook.
Conference Call Details
A live webcast of the call will be available at this link.To access the conference call by phone, use this link to retrieve dial-in details. Participants are encouraged to dial in 15 minutes before the scheduled start time.A replay of the conference call and supporting materials will be available on the Progress Investor Relations webpage following the live event.
About Progress Software
Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and personalized digital experiences with agility and ease. Businesses of all sizes get a trusted provider in Progress, with the products, expertise and vision they need to turn AI disruption into a competitive advantage. Millions of developers and technologists at hundreds of thousands of organizations depend on Progress every day. Learn more at www.progress.com.
Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.
Progress Software spustil Progress Chef Enterprise Management pro NVIDIA DGX Spark a přidal tak správu, monitoring a zabezpečenou konfiguraci těchto desktopových AI superpočítačů pro firmy. Cena začíná na 189 USD ročně za systém.
Progress Chef brings enterprise-grade secure configuration management and governance to fleets of desktop AI supercomputers at scale
BURLINGTON, Mass., June 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that its Progress® Chef® platform now delivers enterprise lifecycle management and configuration capabilities for NVIDIA DGX Spark, enabling IT teams to securely provision, monitor and manage the desktop AI supercomputer at scale.
NVIDIA highlighted Progress Chef’s role in enabling enterprise management for DGX Spark earlier this month in its developer blog.
“DGX Spark is bringing powerful AI computing out of the data center and into the hands of developers across the enterprise,” said Sundar Subramanian, Executive Vice President and General Manager, Infrastructure Management at Progress Software. “As this new class of infrastructure scales, organizations must maintain confidence that every system remains secure, compliant and aligned with its intended state. Progress Chef provides the automation and governance needed to move quickly without losing operational control.”
NVIDIA DGX Spark delivers petaflop-class AI performance in a compact desktop system, combining advanced hardware with the NVIDIA AI software stack. Designed to put AI supercomputing directly in the hands of developers, DGX Spark enables teams to build, fine-tune and run AI models locally. As these systems expand across offices, research facilities, edge locations and regulated environments, enterprises must manage them with the same rigor as other critical infrastructure. NVIDIA identified Progress Chef as an enterprise manageability partner supporting DGX Spark deployments.
Progress Chef enables IT and platform engineering teams to integrate DGX Spark into existing infrastructure operations and automate key lifecycle stages, including:
Consistent configuration: Establish and continuously maintain approved system configurationsFleet-wide visibility: Monitor system health, software inventory and configuration postureControlled maintenance: Orchestrate updates and operational changes across staged cohortsContinuous compliance: Detect configuration drift and validate adherence to security policiesGoverned automation: Enforce role-based access, approvals and auditable workflowsIncident response: Automate diagnostics and evidence collection across distributed systemsLifecycle management: Standardize processes from deployment through retirement NVIDIA DGX Spark Enterprise Manageability provides an operational framework spanning procurement, provisioning, monitoring, maintenance, incident response and retirement. Its agentless SSH execution model and standardized JSON output are designed to integrate with enterprise orchestration, monitoring, CMDB and security workflows.
Progress Chef complements this framework by providing continuous convergence and governed orchestration across the fleet. Organizations can group systems into cohorts, introduce changes in controlled stages, detect drift and validate outcomes while preserving the flexibility developers need to experiment and innovate.
The support for NVIDIA DGX Spark further expands Progress’ infrastructure management capabilities into a fast-growing class of persistent AI infrastructure. It underscores Progress’ broader strategy to help organizations develop, deploy and manage AI securely and responsibly across their data, digital experiences and underlying infrastructure.
Pricing and Availability
Progress Chef Enterprise Management for NVIDIA DGX Spark is available immediately with an introductory pricing of $189 per year per system. For more information, visit Manage NVIDIA DGX Spark as Enterprise Infrastructure with Chef
About Progress Software
Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables customers to develop, deploy and manage responsible AI-powered applications and personalized digital experiences with agility and ease. Businesses of all sizes rely on Progress for the products, expertise and vision they need to turn AI disruption into a competitive advantage. Millions of developers and technologists at hundreds of thousands of organizations depend on Progress every day. Learn more at www.progress.com.
Progress, Chef and certain product names used herein are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and/or other countries. See Trademarks for appropriate markings. All rights in any other trademarks contained herein are reserved by their respective owners and their inclusion does not imply an endorsement, affiliation or sponsorship as between Progress and the respective owners.
Press Contact:
Jeff Young
Progress Software
+1-800-477-6473 [email protected]
