{"schema_version":"secwatch.filing_event.v1","accession":"0000876167-25-000053","form_type":"8-K/A","ticker":"PRGS","cik":"0000876167","company_name":"PROGRESS SOFTWARE CORP /MA","filed_at":"2025-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.581020+00:00","generated_at":"2026-05-24T02:43:41.052295+00:00","sec_items":["9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Progress Software updates pro forma financials for ShareFile acquisition, showing reduced EPS","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000876167-25-000053","json":"https://secwatch.observer/filing/0000876167-25-000053.json","markdown":"https://secwatch.observer/filing/0000876167-25-000053.md","text":"https://secwatch.observer/filing/0000876167-25-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876167/000087616725000053/0000876167-25-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876167/000087616725000053/prgs-20241031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T02:43:41.052295+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"}