Progress Software Corp (PRGS) Files 10-K for the Fiscal Year Ended on November 30, 2018

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Progress Software Corp (PRGS) files its latest 10-K with SEC for the fiscal year ended on November 30, 2018. Progress Software Corp is involved in application development, empowering enterprises to build mission critical business applications. It offers spanning web, mobile and data for on-premise and cloud environments. Progress Software Corp has a market cap of $1.6 billion; its shares were traded at around $35.60 with a P/E ratio of 25.79 and P/S ratio of 4.14. The dividend yield of Progress Software Corp stocks is 1.60%. Progress Software Corp had annual average EBITDA growth of 3.80% over the past five years.


For the last quarter Progress Software Corp reported a revenue of $111.3 million, compared with the revenue of $116.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $397.2 million, a decrease of 0.1% from the previous year. For the last five years Progress Software Corp had an average revenue growth rate of 4.3% a year.

The reported diluted earnings per share was $1.38 for the year, compared with the loss per share of $0.96 in the previous year. The Progress Software Corp had a decent operating margin of 23.58%, compared with the operating margin of 23.71% a year before. The 10-year historical median operating margin of Progress Software Corp is 23.66%. The profitability rank of the company is 8 (out of 10).

At the current stock price of $35.60, Progress Software Corp is traded at close to its historical median P/S valuation band of $33.18. The P/S ratio of the stock is 4.14, while the historical median P/S ratio is 3.85. The stock lost 28.29% during the past 12 months.

For the complete 20-year historical financial data of PRGS, click here.

This article first appeared on GuruFocus.


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