{"filings":[{"id":1803036,"accession_number":"0001552781-26-000390","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2026-07-22T20:21:29+00:00","items":["1.01","2.02","7.01","9.01"],"status":"ready","headline":"Progress Software to acquire Domo's AI/Data Platform for $400M; Q3 guidance at/above high end","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Cash purchase price of $400M for substantially all assets of Domo's AI and data platform business.","Expected close within fiscal year ending Nov 30, 2026, subject to regulatory approvals and other conditions.","Progress reiterates Q3 FY2026 revenue and non-GAAP EPS guidance at or above high end of prior range (June 30, 2026).","Acquisition adds over 2,400 customers and complements Progress data platform with Domo's agentic platform.","Transaction financed with cash and existing revolving credit facility; no financing condition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1360237,"accession_number":"0000876167-26-000077","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2026-06-30T20:02:19+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Software Q2 revenue $253M (+7% YoY), ARR $868M (+2%), non-GAAP EPS $1.62","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $253M, up 7% YoY (actual) and 6% constant currency.","ARR $868M, up 2% YoY constant currency.","GAAP diluted EPS $0.50 (+28% YoY); non-GAAP diluted EPS $1.62 (+16% YoY).","GAAP operating margin 18% (up 200 bps); non-GAAP operating margin 40% (flat).","Cash from operations $78.8M (+163% YoY); adjusted free cash flow $79.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99343,"accession_number":"0001552781-26-000319","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2026-05-11T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Progress Software shareholders approve equity plan increases and advisory say-on-pay","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected; each received 31.1M to 32.3M votes for (excl. broker non-votes).","Advisory say-on-pay approved: 31.2M for, 1.96M against, 15.8K abstain.","2008 Stock Option & Incentive Plan share increase approved: 30.8M for, 2.4M against.","1991 Employee Stock Purchase Plan share increase approved: 33.1M for, 137K against.","Ratification of Deloitte & Touche as auditor for FY2026: 36.3M for, 794K against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115284,"accession_number":"0000876167-26-000050","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2026-03-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Software Q1 revenue $248M (+4%), non-GAAP EPS $1.60 (+22%) beat","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $0.53 vs $0.24 YoY, up 121% on revenue of $247.8M (+4% actual, +2% constant currency).","Non-GAAP diluted EPS $1.60 vs $1.31 YoY, up 22%; non-GAAP operating margin 41% (up 200 bps).","Annualized Recurring Revenue (ARR) $863M, up 2% constant currency; cash from operations $98.6M (+43%).","Adjusted free cash flow $98.8M (+35%); unlevered free cash flow $111M (+26%).","CEO cited continued momentum from 2025 into FY26 with strong margins, cash flow, and share buybacks."],"consensus_eps_estimate":null,"consensus_eps_actual":0.53,"consensus_revenue_estimate":null,"consensus_revenue_actual":247799000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115283,"accession_number":"0000876167-26-000007","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2026-01-20T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Software Q4 revenue $253M (+18% YoY); Non-GAAP EPS $1.51 (+14%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $252.7M (+18% YoY); ARR $852M (+2% YoY constant currency).","GAAP diluted EPS $0.59 vs $0.03; Non-GAAP diluted EPS $1.51 vs $1.33 (+14%).","GAAP operating margin 15% (up 500bps); non-GAAP operating margin 38% (up 100bps).","Cash from operations $62.8M (+220%); adjusted free cash flow $62.1M (+243%).","CEO cited strongest year ever, driven by ShareFile integration and AI project momentum; net retention 100%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.66,"consensus_revenue_estimate":null,"consensus_revenue_actual":977831000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148264,"accession_number":"0000876167-25-000147","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K/A","filed_at":"2025-09-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Progress corrects SaaS Revenue figure on Q3 2025 supplemental slide 17","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Filing amends prior 8-K to fix scrivener's error in SaaS Revenue amount on slide 17.","Total Revenue and SaaS Revenue in Q3 10-Q were correctly stated; no other changes.","Corrected slide replaces only slide 17 of original supplemental data.","No financial impact; error was in a supplemental data slide only."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148266,"accession_number":"0000876167-25-000142","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Q3 revenue $250M (+40% YoY), ARR $849M (+47%), raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $249.8M (+40% YoY; +38% constant currency); ARR $849M (+47% constant currency).","GAAP diluted EPS $0.44 (down 32% YoY); Non-GAAP diluted EPS $1.50 (up 19% YoY).","GAAP operating margin 18% (down 500bps YoY); Non-GAAP operating margin 40% (down 100bps).","Cash from operations $73.4M (+27% YoY); Adjusted free cash flow $74.4M (+29%).","Full-year guidance raised for revenue, EPS, and cash flow; net retention remains strong at 100%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":725165000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148265,"accession_number":"0001552781-25-000224","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2025-07-22T23:59:59+00:00","items":["1.01","1.02","2.03","7.01","9.01"],"status":"ready","headline":"Progress Software upsizes credit facility to $1.5B, extends maturity to 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $1.5B secured revolving facility replaces prior $900M facility from March 2024.","Maturity date extended to July 31, 2030; $660M in revolving loans outstanding at closing.","Interest rate based on Term Benchmark Rate +1.25%-2.50% or base rate +0.25%-1.50%, with 0.15%-0.35% unused commitment fee.","CFO states facility provides greater scale and flexibility to support growth and additional accretive acquisitions.","Joint bookrunners include JPMorgan, Citibank, and Wells Fargo Securities; proceeds for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167036,"accession_number":"0000876167-25-000084","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Software Q2: ARR $838M (+46%), revenue $237M (+36%), raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["ARR of $838M grew 46% YoY; revenue $237M up 36% YoY (35% constant currency).","GAAP EPS $0.39; non-GAAP EPS $1.40 (+28% YoY); non-GAAP operating margin 40% (+200 bps).","Net retention rate 100%; cash from operations $30M; adjusted free cash flow $37M.","Raised full-year guidance for revenue, operating margin, EPS and cash flow.","Acquired Agentic RAG AI company; no financial terms disclosed; integration of ShareFile on track."],"consensus_eps_estimate":1.328,"consensus_eps_actual":0.63,"consensus_revenue_estimate":null,"consensus_revenue_actual":475370000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167035,"accession_number":"0001552781-25-000169","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2025-05-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Progress Software shareholders elect all 9 directors, approve say-on-pay, ratify auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected with votes for ranging from ~35.6M to ~37.2M; broker non-votes 2.7M.","Advisory say-on-pay approved: 34.8M for, 2.5M against, 11.1k abstain; broker non-votes 2.7M.","Ratification of Deloitte & Touche as FY2025 auditor passed: 37.8M for, 2.3M against, 11.5k abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184413,"accession_number":"0000876167-25-000051","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Q1 revenue up 29% YoY to $238M, ARR jumps 48% to $836M, GAAP EPS down 53%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $238M (+29% YoY); ARR $836M (+48% YoY) driven by ShareFile acquisition.","GAAP operating margin 14% (down from 19%); non-GAAP operating margin 39% (down from 42%).","GAAP diluted EPS $0.24 (down 53%); non-GAAP diluted EPS $1.31 (up 5%).","Cash from operations $68.9M; adjusted free cash flow $73.2M; ShareFile integration on track.","Net retention rate above 100%; data platform and infrastructure management products performed well."],"consensus_eps_estimate":null,"consensus_eps_actual":0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":238015000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184411,"accession_number":"0000876167-25-000053","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K/A","filed_at":"2025-03-31T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Progress Software updates pro forma financials for ShareFile acquisition, showing reduced EPS","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Pro forma FY2024 revenue $978.8M, net income $35.7M, diluted EPS $0.80.","Acquisition closed Oct 31, 2024 for $852.7M cash, funded by $730M credit facility.","Pro forma adjustments: $60.8M additional amortization on intangibles (7-yr life).","$44.7M incremental interest expense at 6.7% borrowing rate.","Historical Progress net income was $68.4M ($1.54 diluted EPS) before acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184412,"accession_number":"0000876167-25-000009","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2025-01-21T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress reports Q4 revenue $215M (+21% YoY), ARR up 46%; suspends dividend, guides FY25 rev $958-970M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 GAAP diluted EPS $0.03 (-91% YoY) on ShareFile acquisition costs; non-GAAP EPS $1.33 (+30%).","ARR of $842M (+46% YoY); NRR above 100% for FY2024.","ShareFile acquisition completed Oct 31; quarterly dividend suspended to direct capital to debt repayment.","FY2025 guidance: revenue $958-970M, non-GAAP EPS $5.00-$5.12, operating margin 37-38%.","FY2024 cash from ops $211M (+22% YoY); adjusted free cash flow $212M."],"consensus_eps_estimate":null,"consensus_eps_actual":1.54,"consensus_revenue_estimate":null,"consensus_revenue_actual":753409000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184410,"accession_number":"0000876167-25-000004","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K/A","filed_at":"2025-01-10T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Progress Software: ShareFile generated $183.6M revenue, $5.5M operating shortfall","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["ShareFile revenues of $183.6M vs direct expenses $189.1M, resulting in $5.5M shortfall for 9 months ended Sep 1, 2024.","Net assets acquired of $239.1M included $310.8M intangible assets and $98.3M liabilities assumed.","Progress paid $852.7M cash at closing (after $25M working capital credit) for the ShareFile business.","Unaudited pro forma combined financials for Progress and ShareFile filed as Exhibit 99.2.","No earnouts or contingent consideration in the ShareFile acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201013,"accession_number":"0001552781-24-000575","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"Progress Software completes $875M acquisition of ShareFile from Cloud Software Group","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchased ShareFile for $875M in cash, funded by cash on hand and existing revolving credit facility.","ShareFile adds more than $240M in annual revenue and over 86,000 customers to Progress.","Platform provides AI-powered, document-centric collaboration for business, financial, and healthcare sectors.","Acquisition marks major milestone in Progress' Total Growth Strategy, expanding Digital Experience portfolio."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217020,"accession_number":"0000876167-24-000140","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-09-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Q3 revenue $178.7M, non-GAAP EPS $1.26 beats; raises FY24 rev guidance; ShareFile deal on track","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $178.7M (+2% YoY); GAAP EPS $0.65 (vs $0.42), non-GAAP EPS $1.26 (vs $1.08).","FY24 revenue guidance raised to $745-755M (from $725-735M); non-GAAP EPS guidance raised to $4.75-4.85.","ShareFile acquisition for $875M cash expected to close before end of fiscal year; dividend suspended upon close.","ARR $582M flat YoY; operating margin 41% non-GAAP; cash from ops $57.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":1.52,"consensus_revenue_estimate":null,"consensus_revenue_actual":538448000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217019,"accession_number":"0001552781-24-000522","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-09-09T23:59:59+00:00","items":["1.01","2.02","7.01","9.01"],"status":"ready","headline":"Progress to acquire ShareFile for $875M; suspends dividend; Q3 guidance above high end","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition from Cloud Software Group for $875M (cash + revolver); expected close by Nov 30, 2024.","ShareFile adds ~$240M annual revenue and >86K customers; AI-powered document collaboration platform.","Board suspends quarterly dividend after close; capital redirected to debt repayment, M&A, and buybacks.","Q3 FY2024 revenue and non-GAAP EPS expected within or above high end of prior guidance (full results Sep 24)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217018,"accession_number":"0000876167-24-000138","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"SEC concludes MOVEit investigation with no enforcement action against Progress","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["SEC notified Progress on Aug 6, 2024, that its investigation is closed with no enforcement action.","Investigation originated from an Oct 2, 2023 subpoena related to the MOVEit vulnerability.","Termination Letter issued under Securities Act Release No. 5310 guidelines.","This removes a significant regulatory overhang for Progress shareholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236780,"accession_number":"0000876167-24-000097","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-06-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress beats Q2 estimates, raises full-year EPS and revenue guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $175M (-2% YoY); GAAP EPS $0.37 (+37%); non-GAAP EPS $1.09 (+3%).","ARR $579M up 1% YoY constant currency; cash from operations $63.7M up 33% YoY.","Raised FY2024 revenue guidance to $725-735M (from $722-732M) and non-GAAP EPS to $4.70-4.80 (from $4.65-4.75).","Board declared quarterly dividend $0.175/share, payable Sept 16, 2024.","Q3 2024 guidance: revenue $174-178M, non-GAAP EPS $1.11-1.15."],"consensus_eps_estimate":null,"consensus_eps_actual":0.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":359762000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236779,"accession_number":"0001552781-24-000304","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-05-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Progress Software shareholders elect directors, approve say-on-pay and stock plan increase","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected; votes for ranged from 33.5M to 36.6M.","Advisory say-on-pay approved with 35.5M for, 1.1M against, 64K abstain.","Stock plan share increase approved with 34.0M for, 2.7M against, 68K abstain.","Deloitte & Touche ratified as auditor for FY2024 with 37.4M for, 2.0M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254387,"accession_number":"0000876167-24-000059","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K/A","filed_at":"2024-03-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Q1 beats estimates; raises FY2024 non-GAAP EPS guidance to $4.65-4.75","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $184.7M (+12% YoY); GAAP EPS $0.51 vs $0.53; non-GAAP EPS $1.25 vs $1.19, above guidance.","Raises FY2024 non-GAAP EPS guidance to $4.65-4.75 from $4.58-4.68; revenue unchanged $722-732M.","Closed $450M convertible notes and new $900M credit facility; used proceeds to repay all prior bank debt.","ARR $571M flat YoY constant currency; operating margin 19% GAAP and 42% non-GAAP.","Declares Q2 dividend $0.175/share payable June 17, 2024 to holders of record June 3."],"consensus_eps_estimate":null,"consensus_eps_actual":0.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":184685000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254393,"accession_number":"0000876167-24-000057","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-03-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress beats Q1 estimates: Revenue $185M (+12%), Non-GAAP EPS $1.25 (+5%); raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $184.7M, +12% YoY; Q1 GAAP EPS $0.51 (down 4%), Non-GAAP EPS $1.25 (up 5%).","ARR $571M flat YoY constant currency; operating margin 19% GAAP, 42% Non-GAAP.","Cash from operations $70.5M (+51% YoY); declared $0.175/share quarterly dividend payable June 17.","Completed $450M convertible notes offering; new $900M credit facility; repaid prior bank debt.","Raised FY2024 Non-GAAP EPS guidance to $4.65-$4.75; Q2 guidance $0.93-$0.97 Non-GAAP EPS."],"consensus_eps_estimate":null,"consensus_eps_actual":0.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":184685000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254392,"accession_number":"0001552781-24-000080","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-03-08T23:59:59+00:00","items":["1.01","1.02","2.03","7.01","9.01"],"status":"ready","headline":"Progress enters $900M revolving credit facility, replacing existing secured facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$900M secured revolving credit facility matures March 7, 2029; no term loans or revolver drawn at closing.","Replaces prior secured credit facility (Jan 2022); interest rate spreads 1.50%-3.00% over Term SOFR.","CFO states facility provides more scale and flexibility to support accretive acquisitions and Total Growth Strategy.","Quarterly commitment fee on undrawn portion; proceeds for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254391,"accession_number":"0001552781-24-000058","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-03-01T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Progress Software issues $450M of 3.50% Convertible Senior Notes due 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$450M aggregate principal of 3.50% Convertible Senior Notes due 2030, issued March 1, 2024.","Initial conversion price ~$67.74/share (conversion rate 14.7622 shares per $1,000 principal).","Notes mature March 1, 2030; interest payable semi-annually on March 1 and Sept 1.","Entered capped call transactions to reduce potential dilution, cap price ~$92.98/share.","Notes are senior unsecured, rank equally with existing senior unsecured indebtedness."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254390,"accession_number":"0001552781-24-000053","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-02-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Progress prices $400M convertible senior notes due 2030, upsized from $350M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["3.50% coupon, maturity March 1, 2030; conversion price ~$67.74/share, 27.5% premium over $53.13 close.","Net proceeds ~$389.3M ($438.1M if overallotment exercised); used to repay term loan, fund $37.5M capped call, repurchase ~470,544 shares for $25M.","Initial purchasers have 13-day option to buy additional $50M principal.","Capped call transactions entered to reduce dilution upon conversion, cap price ~$92.98."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254389,"accession_number":"0001552781-24-000051","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-02-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Progress Software plans $350M convertible notes due 2030; seeks $900M revolver amendment","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$350M aggregate principal of convertible senior notes due 2030, with option for additional $52.5M overallotment.","Proceeds to repay term loan, fund capped call transactions, repurchase up to $25M of common stock, and general corporate purposes.","Entering amendment and restatement of credit agreement for a $900M revolving credit facility with no term loan, five-year maturity.","Capped call transactions expected to reduce potential dilution upon conversion of the notes, subject to a cap.","Notes offered only to qualified institutional buyers under Rule 144A; not registered under Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254388,"accession_number":"0000876167-24-000009","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2024-01-16T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Software beats Q4 estimates; 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ARR up 18%; raises FY2023 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $175M (+16% YoY); GAAP EPS $0.42; non-GAAP EPS $1.08 (+8% YoY), ahead of guidance.","Annualized Recurring Revenue (ARR) $577M, up 18% YoY constant currency; net retention 100.6%.","FY2023 revenue guidance raised to $688-694M GAAP; non-GAAP EPS $4.20-4.26, up from prior $4.16-4.24.","Dividend $0.175/share declared, payable Dec 15, 2023 to holders of record Dec 1.","Cash from operations $46M; adjusted free cash flow $47.6M; balance sheet strong."],"consensus_eps_estimate":null,"consensus_eps_actual":1.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":517469000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309362,"accession_number":"0000876167-23-000116","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2023-06-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress beats Q2 estimates; 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does not currently believe the vulnerability will materially impact business or financial results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309360,"accession_number":"0000876167-23-000101","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2023-05-12T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Progress Software stockholders elect all nine director nominees and approve all proposals at 2023 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected with votes for ranging from 34.6M to 37.2M.","Advisory say-on-pay approved: 35.8M for (95.7% of votes cast), 1.6M against.","Shareholders selected 1-year frequency for future say-on-pay votes (36.3M votes for 1 year).","Increase in shares authorized under Employee Stock Purchase Plan approved (37.2M for, 142k against).","Ratification of Deloitte & Touche as auditor for FY2023 approved (37.1M for, 2.8M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328093,"accession_number":"0000876167-23-000070","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2023-03-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Q1 revenue $164.2M (+13% YoY), EPS $0.53; 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non-GAAP diluted EPS $1.12 (+22% YoY), ahead of guidance.","Full-year FY2022 GAAP revenue $602M (+13% YoY); non-GAAP EPS $4.13 (+7% YoY).","Board declared $0.175 quarterly dividend (payable Mar 15) and increased buyback authorization by $150M.","Definitive agreement to acquire MarkLogic; expected to lift annualized sales above $700M (deal value undisclosed).","FY2023 guidance: non-GAAP revenue $675-$685M, non-GAAP EPS $4.09-$4.17."],"consensus_eps_estimate":null,"consensus_eps_actual":2.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":602013000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328089,"accession_number":"0000876167-23-000004","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2023-01-03T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Progress Software to acquire MarkLogic for $355M cash; reports preliminary Q4 ARR ~$497M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquires all equity of Vector Maven Holdings (MarkLogic) for ~$355M in cash; expected close early 2023.","Deal adds >$100M in annual revenue; MarkLogic offers NoSQL database and semantic metadata management.","Preliminary Q4 2022 ARR ~$497M (+3.5% YoY); non-GAAP revenue/EPS at or above high end of guidance.","No financing condition; subject to HSR waiting period and other customary closing conditions.","Jefferies advised MarkLogic; DLA Piper for Progress and Paul Hastings for MarkLogic."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345748,"accession_number":"0000876167-22-000212","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2022-12-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Progress Software reports cyber incident with unauthorized access and data exfiltration; says not material","summary_kind":"llm","event_type":"cyber","confidence":"high","bullets":["Detected irregular activity on corporate network; engaged outside cybersecurity experts and incident response professionals.","Evidence of unauthorized access and data exfiltration found; company remains fully operational.","Implemented containment measures, engaged outside legal counsel and federal law enforcement.","Currently believes cyber incident will not have a material impact on business, operations, or financial results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":362165,"accession_number":"0000876167-22-000163","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2022-09-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Q3 beats guidance: revenue $151M, non-GAAP EPS $1.00; FY22 non-GAAP EPS guidance raised","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP revenue $151.2M (+3% YoY), diluted EPS $0.50 (-29%); non-GAAP EPS $1.00 (-15%).","Annualized Recurring Revenue (ARR) $495M, up 13% on constant currency basis.","Q4 FY22 guidance: GAAP revenue $156-164M, non-GAAP EPS $1.06-1.10.","Board declared $0.175/share quarterly dividend, payable Dec 15, 2022.","FX headwind estimated at ~$15.9M on FY revenue; results exceeded high end of guidance range."],"consensus_eps_estimate":null,"consensus_eps_actual":1.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":444886000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":362164,"accession_number":"0000876167-22-000158","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2022-09-26T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Progress appoints YuFan Stephanie Wang as Chief Legal Officer; predecessor on disability leave","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Effective Sep 20, 2022, Wang succeeds Stephen H. Faberman as EVP, Chief Legal Officer & Secretary.","Wang, age 40, joined Progress in May 2022; previously SVP & Deputy CLO at W. P. Carey (NYSE:WPC).","Faberman is on disability leave, remains a non-executive employee; departure not due to any disagreement.","Wang's compensation remains unchanged: annual base salary, bonus plan, and equity grants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381679,"accession_number":"0000876167-22-000122","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2022-06-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress beats Q2 FY2022; EPS $0.66 ($1.04 non-GAAP), revenue $148.7M, raises non-GAAP EPS guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $148.7M (+21% YoY) exceeded prior guidance; operating margin 27% GAAP, 41% non-GAAP.","GAAP diluted EPS $0.66 (up 120% YoY); non-GAAP diluted EPS $1.04 (up 27% YoY).","ARR $486M increased 13% year-over-year on a constant currency basis.","Q3 FY2022 guidance: GAAP revenue $145-148M, non-GAAP EPS $0.96-0.98.","Quarterly dividend of $0.175 declared, payable Sept 15, 2022 to holders of record Sept 1."],"consensus_eps_estimate":null,"consensus_eps_actual":1.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":293669000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381678,"accession_number":"0000876167-22-000110","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2022-05-17T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"Progress Software annual meeting votes elect all nine directors; executive office moved to Burlington, MA","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected; vote totals range from 36,965,719 (Gawlick) to 33,122,027 (Egan) for, with broker non-votes 3,278,931.","Advisory vote on named executive officer compensation approved: 35,660,124 for, 1,456,303 against, 31,380 abstain.","Ratification of Deloitte & Touche as auditor for FY2022: 37,656,482 for, 2,743,517 against, 26,739 abstain.","Principal executive office relocated from Bedford to Burlington, MA, effective April 18, 2022; address: 15 Wayside Road, Suite 400."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":399668,"accession_number":"0000876167-22-000058","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2022-03-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Q1 revenue $144.9M (+19% YoY) beats guidance; raises FY2022 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $144.9M exceeded guidance; non-GAAP revenue $147.5M, up 12% YoY.","GAAP diluted EPS $0.46 (up 10%); non-GAAP diluted EPS $0.97 (up 2%).","ARR of $479M, up 12% YoY on constant currency basis.","Full-year FY2022 GAAP revenue guidance raised to $601-609M; non-GAAP EPS to $4.01-4.09.","Quarterly dividend declared $0.175/share, payable June 15, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":0.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":144922000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":399667,"accession_number":"0000876167-22-000055","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2022-03-10T23:59:59+00:00","items":["2.02","5.02"],"status":"ready","headline":"Progress Software expects Q1 FY2022 revenue/EPS above guidance high end; EVP Quinn resigns","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Revenue and EPS for quarter ended Feb 28, 2022 expected to exceed high end of prior guidance range.","Final Q1 results to be reported on March 29, 2022.","EVP Gary Quinn resigns effective April 8, 2022 to pursue other interests; not due to any disagreement.","Quinn was Executive Vice President, Sales and Sales Operations, Enterprise Application Experience."],"consensus_eps_estimate":null,"consensus_eps_actual":0.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":144922000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":399666,"accession_number":"0000876167-22-000034","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2022-01-27T23:59:59+00:00","items":["1.01","1.02","2.03","7.01","9.01"],"status":"ready","headline":"Progress Software enters amended $575M credit facility, lowering costs and expanding capacity","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New facility includes a $275M senior secured term loan and a $300M revolving credit line, replacing the 2019 facility.","Facility matures January 25, 2027; may be incrementally expanded by at least $260M subject to leverage tests.","CFO Anthony Folger says the amended facility lowers costs and provides greater flexibility for growth strategy.","Interest rates range from 1.00%-2.00% above Term Benchmark Rate or 0.00%-1.00% above base rate, based on leverage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":399665,"accession_number":"0000876167-22-000004","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2022-01-18T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress Q4 FY21 beat: rev $140.1M (+14% YoY), non-GAAP EPS $0.92; 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GAAP diluted EPS $0.33 (down 15% YoY), non-GAAP diluted EPS $0.92 (up 1%).","ARR of $486M (+12% YoY on constant currency). Operating margin 15% GAAP, 36% non-GAAP.","Completed acquisition of Kemp Technologies on Nov 1, 2021. Kemp fits in Application Experience space; drives FY2022 revenue growth guidance.","Board declared quarterly dividend $0.175/share, payable March 15, 2022 to holders of record March 1, 2022.","FY2022 guidance: revenue $597-607M GAAP ($605-615M non-GAAP), non-GAAP EPS $3.95-4.05; Q1 FY22 rev $136-139M GAAP, non-GAAP EPS $0.83-0.85."],"consensus_eps_estimate":null,"consensus_eps_actual":1.76,"consensus_revenue_estimate":null,"consensus_revenue_actual":531313000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":418655,"accession_number":"0000876167-21-000157","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2021-11-02T23:59:59+00:00","items":["2.01","2.03","7.01","9.01"],"status":"ready","headline":"Progress completes $258M acquisition of Kemp, expects accretion in Q4 2021","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Kemp (MPC Kappa) for ~$258M in cash from cash on hand.","Transaction expected to be accretive to non-GAAP EPS and cash flow starting Q4 2021.","Kemp adds Application Experience management to Progress's portfolio of DevOps, Digital Experience, NPMD tools.","CEO Yogesh Gupta cites total-growth strategy; Kemp follows prior Ipswitch and Chef acquisitions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":436217,"accession_number":"0000876167-21-000131","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2021-09-27T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Progress Software acquires Kemp for $258M cash, adds application experience management","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquires privately held Kemp for $258M in cash; expected close October 2021.","Adds Application Experience Management (AX) to Progress’s DevOps, Data, and Digital Experience portfolio.","Kemp offers Loadmaster and Flowmon products that monitor and optimize application performance across cloud/hybrid.","Transaction expected to be accretive to non-GAAP EPS and cash flow starting fiscal Q4 2021.","Combined portfolio complements existing products like WhatsUp Gold, targeting always-on application delivery."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":436216,"accession_number":"0000876167-21-000127","cik":876167,"company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","form_type":"8-K","filed_at":"2021-09-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Progress beats Q3 estimates, raises FY2021 guidance, announces $258M Kemp acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 GAAP EPS $0.70 (up 32% YoY); Non-GAAP EPS $1.18 (up 51%); Revenue $147.4M (+34%).","ARR $444M (+25% constant currency); operating margin 31% GAAP / 47% non-GAAP.","Announced acquisition of Kemp Technologies for $258M cash; expected to close in Q4.","Raised FY2021 guidance: GAAP EPS $1.56-1.58, non-GAAP EPS $3.68-3.70; revenue $548-552M non-GAAP.","Declared quarterly dividend $0.175/share, payable Dec 15 to holders of record Dec 1."],"consensus_eps_estimate":null,"consensus_eps_actual":1.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":391185000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1251417836.2889113,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}