{"schema_version":"secwatch.filing_event.v1","accession":"0000876167-25-000051","form_type":"8-K","ticker":"PRGS","cik":"0000876167","company_name":"PROGRESS SOFTWARE CORP /MA","filed_at":"2025-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.581608+00:00","generated_at":"2026-05-24T02:43:47.766820+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Progress Q1 revenue up 29% YoY to $238M, ARR jumps 48% to $836M, GAAP EPS down 53%","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000876167-25-000051","json":"https://secwatch.observer/filing/0000876167-25-000051.json","markdown":"https://secwatch.observer/filing/0000876167-25-000051.md","text":"https://secwatch.observer/filing/0000876167-25-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876167/000087616725000051/0000876167-25-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876167/000087616725000051/prgs-20250331.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T02:43:47.766820+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}