{"schema_version":"secwatch.filing_event.v1","accession":"0000876167-25-000142","form_type":"8-K","ticker":"PRGS","cik":"0000876167","company_name":"PROGRESS SOFTWARE CORP /MA","filed_at":"2025-09-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.543599+00:00","generated_at":"2026-05-17T05:30:15.364714+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Progress Q3 revenue $250M (+40% YoY), ARR $849M (+47%), raises FY guidance","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%."],"urls":{"canonical":"https://secwatch.observer/filing/0000876167-25-000142","json":"https://secwatch.observer/filing/0000876167-25-000142.json","markdown":"https://secwatch.observer/filing/0000876167-25-000142.md","text":"https://secwatch.observer/filing/0000876167-25-000142.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876167/000087616725000142/0000876167-25-000142-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876167/000087616725000142/prgs-20250929.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:30:15.364714+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"}