Progress Software Earnings Beat But Licenses Fall

By | June 27, 2014

Scalper1 News

Progress Software stock jumped Friday after its fiscal Q2 earnings, released late Thursday, beat despite a decline in the software maker’s license revenue. Progress Software (PRGS) shares were up more than 7% in midday trading in the stock market today — near 24, a more than three-month high. Earlier, shares were up nearly 12%. Progress makes infrastructure software — under both the as-needed cloud model and the upfront license model — that helps Scalper1 News

Scalper1 News