Progress Software Expects Q4 Adj Revenue Of $207M - $217M, Adj EPS Of $1.15 - $1.25
Portfolio Pulse from Benzinga Newsdesk
Progress Software has announced its expected Q4 adjusted revenue to be between $207 million and $217 million, with adjusted EPS ranging from $1.15 to $1.25.
September 24, 2024 | 8:18 pm
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Progress Software has provided guidance for Q4, expecting adjusted revenue between $207M and $217M, and adjusted EPS between $1.15 and $1.25. This guidance provides a positive outlook for the company's financial performance.
The guidance for Q4 revenue and EPS suggests a stable financial performance, which is likely to positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100