Latest IR news and announcements for PROGRESS SOFTWARE CORP /MA (PRGS).
Progress Software announces MartechNEXT 2025, featuring industry leaders discussing AI's role in modern marketing. The event promises insights into AI-driven strategies, SEO, and content design, fostering networking and learning among marketing professionals.
Progress Software has established a new Center of Excellence in Costa Rica, doubling its local workforce to enhance customer support and operations across its AI product portfolio, marking a significant step in its global growth strategy.
Progress Software introduces the OpenEdge MCP Connector for ABL, integrating Generative AI and Retrieval-Augmented Generation to provide tailored coding support, improve developer productivity, and modernize legacy systems for OpenEdge users.
Progress Software's Q3 2025 results show a 40% revenue increase to $250 million, with ARR growing 47% to $849 million. The company raised its full-year guidance for revenue and earnings despite a decline in diluted EPS.
Progress Software has released Flowmon ADS 12.5, an AI-powered anomaly detection system aimed at improving threat detection and incident response for organizations, particularly midsize enterprises facing increasing cyber threats and resource limitations.