secwatch.observer — SEC 8-K summary
======================================

Issuer:     PROGRESS SOFTWARE CORP /MA (PRGS)
CIK:        0000876167
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0000876167-22-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Progress Software expects Q1 FY2022 revenue/EPS above guidance high end; EVP Quinn resigns
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876167/000087616722000055/0000876167-22-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876167/000087616722000055/prgs-20220307.htm
  HTML page:      https://secwatch.observer/filing/0000876167-22-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer