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Progress Software Corporation (PRGS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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38.79-0.59 (-1.50%)
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Previous Close39.38
Open39.02
Bid0.00 x 800
Ask0.00 x 1000
Day's Range38.41 - 39.08
52 Week Range28.09 - 52.50
Volume217,401
Avg. Volume349,263
Market Cap1.749B
Beta (5Y Monthly)1.02
PE Ratio (TTM)30.79
EPS (TTM)1.26
Earnings DateJan 14, 2021 - Jan 18, 2021
Forward Dividend & Yield0.70 (1.78%)
Ex-Dividend DateNov 30, 2020
1y Target Est46.67
  • Progress Releases New DataDirect Connectors for the Martech Stack
    GlobeNewswire

    Progress Releases New DataDirect Connectors for the Martech Stack

    New connectors for CRM, marketing automation and marketing analytics bridge the data gap for insight-driven marketing effectivenessBEDFORD, Mass., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced the launch of a new set of Progress® DataDirect® connectors to help organizations overcome the challenge of accessing data from disparate marketing technology applications. The set includes connectors for popular CRM, marketing automation and web analytics platforms such as Google Analytics, HubSpot, Microsoft Dynamics 365 and Oracle Eloqua.With thousands of martech products and solutions available to address CRM, marketing automation, marketing analytics and more, businesses need a better way to connect the data produced by these various data sources to turn the information into actionable insights. At the same time leading BI, analytics and emerging Customer Data Platform (CDP) vendors need to extend their connections to key marketing apps to help customers access disparate sources.The Progress DataDirect series of martech connectors provide marketing operations and IT teams and analytics vendors with access to near real-time information. This offers a better view into the performance of campaigns and marketing spend. Those charged with creating the connections to the data, such as operations and IT professionals, can spend less time on data discovery and custom coding, thus freeing themselves up to do other tasks.“Having the right information at your fingertips to make real-time decisions is critical to the success of any marketing organization, but most businesses have multiple systems, each addressing critical functions, so pulling together that data into a single source of truth is extremely challenging,” said John Ainsworth, SVP, Core Products, Progress. “Continuing with our focus on providing the tools necessary to build high-impact business applications, the Progress DataDirect martech connectors ease that burden by providing a bridge between systems—not only giving marketers what they need, but also lessening the pressure on IT to build custom integration points.”The new Progress DataDirect connectors: * Support BI developers and data analysts tasked with manual data discovery, by providing a relational view of the data. * Reduce the time needed for creating custom-coding solutions by accessing data through one unified data warehouse or set of reporting tools. * Highlight trends in data to show the performance of marketing programs and budget, especially when compared across channels and platforms. * Secure faster throughput of data which leads to improved sales pipelines and productivity. * Offer continued commitment to the secure transfer of data and 24/7 customer support. “For many years, we’ve seen companies use connectors to access disparate data sources to improve their business functions,” said Stewart Bond, research director, Data Integration and Intelligence software research at IDC. “These new martech connectors from Progress expand the number of connectivity options available for bringing all data from disparate silos together into one single dashboard, enabling companies to make faster and more accurate decisions, measure success in a more tangible way and plan better.”To learn more about the new connectors go to https://www.progress.com/data-connectivity/martech, or register for the MarTech Today webinar, “Essential Data Connectivity: IT Hacks for Your Martech Stack,” Oct. 22, 2020.Additional Resources * Follow Progress on Twitter, Facebook and LinkedIn * Read the Progress blogAbout Progress Progress (NASDAQ: PRGS) offers the leading platform for developing and deploying strategic business applications. We enable customers and partners to deliver modern, high-impact digital experiences with a fraction of the effort, time and cost. Progress offers powerful tools for easily building adaptive user experiences across any type of device or touchpoint, leading data connectivity technology, web content management, business rules, secure file transfer and network monitoring. Over 1,700 independent software vendors, 100,000 enterprise customers, and two million developers rely on Progress to power their applications. Learn about Progress at www.progress.com or +1-800-477-6473.Progress and DataDirect are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.Press Contacts: Kim Baker Progress +1 781-280-4000 pr@progress.com

  • GlobeNewswire

    Constellation Financial Software Upgrades to Progress OpenEdge 12.1 and Modernizes Lease & Loan Portfolio Management Software

    New web-based application increases data throughput speed by 3x and provides new levels of security and scalabilityBEDFORD, Mass., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced that Constellation Financial Software has upgraded its Progress® OpenEdge® development platform instance to version 12.1. With the latest release and the implementation of Progress® Telerik® developer tooling and Progress® Kendo UI® for web development, Constellation evolved its Win32-based Lease & Loan Portfolio Management solution into a web-enabled product with greater security, performance and scalability. As a premier software and service provider of CRM, origination, credit, document management, lease and loan portfolio management, Constellation wanted to evolve its ASSET solution from a Win32 client-server application to a web-based app with the features, speed, performance and security that their enterprise clients demand.To accomplish this, Constellation upgraded to Progress OpenEdge 12.1 and adopted Progress Telerik UI for ASP.NET MVC and Progress Kendo UI to create a friendly, visually appealing frontend experience. With the Progress portfolio, Constellation could easily evolve its legacy system to one that enables customers to reap the benefits of a web-based platform while maintaining the security and performance benefits from OpenEdge. With the multi-threaded database capabilities, Constellation maximizes CPU usage on the database server and the remote server. For a company that caters to the financial services industry, security is a must.OpenEdge 12.1 platform includes the latest version of OpenSSL and Spring security, fortifying secure communications and strengthening security in Progress® Application Server (PAS) for OpenEdge component. PAS for OpenEdge brings developers the extensibility and scalability required for today’s business environment by providing the cloud-ready services needed to optimize operations and reduce management costs in a secure and reliable environment.“Our customers are very happy with the scalability they're seeing in their UAT environments, and we’re looking forward to applying that ability to our larger customers,” said Ken Walsh, Product Manager, Constellation. “The application loads very quickly and is entirely hosted in the cloud.”Progress OpenEdge is Progress’ flagship application development platform, used by more than 1,700 enterprise software vendors and more than 100,000 enterprises across the globe to simplify the delivery of strategic business applications. Built for speed, the latest OpenEdge release delivers up to a threefold improvement in database throughput performance, and unprecedented responsiveness and scalability. The Progress Application Server for OpenEdge includes the latest version of OpenSSL and Spring security fortifying secure communications.“We pride ourselves on our ability to provide the technology businesses need to evolve their mission-critical business applications without disruption to their end-users,” said John Ainsworth, SVP, Core Products, Progress. “Constellation understood the importance of evolving its application to stay competitive and partnered with us to not only upgrade the development platform, but to also round out the project by creating an enhanced interface by leveraging tools from the same trusted provider. The end result is something they and their customers can be excited about.”For more information about Progress OpenEdge, please click here.Additional Resources * Constellation Financial Software video   * Follow Progress on Twitter, Facebook and LinkedIn * Read the Progress blog About Progress Progress (NASDAQ: PRGS) offers the leading platform for developing and deploying strategic business applications. We enable customers and partners to deliver modern, high-impact digital experiences with a fraction of the effort, time and cost. Progress offers powerful tools for easily building adaptive user experiences across any type of device or touchpoint, leading data connectivity technology, web content management, business rules, secure file transfer and network monitoring. Over 1,700 independent software vendors, 100,000 enterprise customers, and two million developers rely on Progress to power their applications. Learn about Progress at www.progress.com or +1-800-477-6473. Progress, OpenEdge, Telerik, and Kendo UI are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.Press Contact:                                                                  Kim Baker                                                                           Progress                                                                           +1 781-280-4000                                                          pr@progress.com

  • Looking for a Growth Stock? 3 Reasons Why Progress Software (PRGS) is a Solid Choice
    Zacks

    Looking for a Growth Stock? 3 Reasons Why Progress Software (PRGS) is a Solid Choice

    Progress Software (PRGS) possesses solid growth attributes, which could help it handily outperform the market.