- Business Wire•4 days ago
Progress today announced that it has been named the winner of Frost & Sullivan’s 2016 Customer Value Leadership Award in the Enterprise Application Development Platform market for manufacturing.
- Business Wire•9 days agoProgress Releases DigitalFactory: The Only Digital Transformation Solution Designed with the Marketer, IT and Developer in Mind
Progress today announced the availability of Progress® DigitalFactory™, the only cloud-based digital transformation solution built for developers, IT administrators and marketers to collaborate on and deliver engaging customer experiences that meet the speed of business at a global scale.
- Barrons.com•17 days ago
Shares of software development tools maker Progress Software (PRGS) are up 2 cents in late trading at $27.72, after the company this afternoon announced that its CEO, Phil Pead, will retire, handing the reins to Yogesh Gupta, who previously served as CEO of startups such as Kaseya, a cloud software operator for IT management, and FatWire Software, a vendor of “web experience management software." Pead, who became chief in 2012, was in the Barron’s offices a few months back, talking up his big plans for the company. Pead will remain a board member, and Gupta is being added to the board, the company said. Progress chairman John Egan thanked Pead for "his many contributions to Progress, particularly in leading the company through a period of significant change." Egan said "we found an individual in Yogesh with a proven track record of delivering outstanding investor returns through innovative growth strategies and strong execution, making him an incredible fit for our company and the CEO to lead the company to the next level." Said Pead, Making the decision to retire is never easy but given the alignment of Yogesh's skills and experience with the strides we have made as we prepare to exit 2016, I decided that this would be the right time for me to accelerate my retirement so that we could recruit Yogesh to lead the next phase of the growth of our company.
Progress Software Corporation (PRGS)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||25.25 x 100|
|Ask||26.73 x 200|
|Day's Range||26.54 - 27.02|
|52wk Range||22.01 - 29.80|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||154.65|
|Avg Vol (3m)||236,870|
|Dividend & Yield||0.50 (1.83%)|