Progress Software Corp /Ma financial data

Symbol
PRGS on Nasdaq
Industry
Services-Prepackaged Software
Location
15 Wayside Road, Suite 400, Burlington, Massachusetts
State of incorporation
Delaware
Fiscal year end
November 30
Latest financial report
Q1 2024 - Apr 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 92.3 % -21.8%
Quick Ratio 1.34 %
Return On Equity 15.5 % -38.9%
Return On Assets 4.36 % -36.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 43.2 M shares -0.21%
Common Stock, Shares, Outstanding 43.7 M shares +0.88%
Entity Public Float 2.57 B USD +24%
Common Stock, Value, Issued 437 K USD +0.92%
Weighted Average Number of Shares Outstanding, Basic 43.8 M shares +1.16%
Weighted Average Number of Shares Outstanding, Diluted 44.8 M shares +1.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 715 M USD +15.1%
Cost of Revenue 133 M USD +36.6%
Selling and Marketing Expense 161 M USD +14.5%
General and Administrative Expense 85.7 M USD +7.59%
Operating Income (Loss) 110 M USD -20.5%
Nonoperating Income (Expense) -32.6 M USD -91.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 77.3 M USD -36.2%
Income Tax Expense (Benefit) 8.18 M USD -64.3%
Net Income (Loss) Attributable to Parent 69.2 M USD -29.6%
Earnings Per Share, Basic 1.59 USD/shares -30%
Earnings Per Share, Diluted 1.55 USD/shares -30.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 133 M USD +23.4%
Cash, Cash Equivalents, and Short-term Investments 123 M USD -29.1%
Accounts Receivable, after Allowance for Credit Loss, Current 88.8 M USD -4.86%
Inventory, Net 5.04 M USD +42%
Other Assets, Current 46 M USD +7.51%
Assets, Current 297 M USD +1.56%
Deferred Income Tax Assets, Net 19.3 M USD +1277%
Property, Plant and Equipment, Net 14.1 M USD -6.01%
Operating Lease, Right-of-Use Asset 15.3 M USD -29.6%
Intangible Assets, Net (Excluding Goodwill) 328 M USD -25.6%
Goodwill 833 M USD +2.58%
Other Assets, Noncurrent 7.39 M USD -38.6%
Assets 1.55 B USD -5.83%
Accounts Payable, Current 9.92 M USD -5.19%
Employee-related Liabilities, Current 33.4 M USD +0.39%
Contract with Customer, Liability, Current 233 M USD -4.97%
Liabilities, Current 312 M USD -7.4%
Contract with Customer, Liability, Noncurrent 63.6 M USD +11.3%
Deferred Income Tax Liabilities, Net 3.63 M USD -34.6%
Operating Lease, Liability, Noncurrent 11.2 M USD -35.4%
Other Liabilities, Noncurrent 4.15 M USD -53.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -34.4 M USD -2.23%
Retained Earnings (Accumulated Deficit) 123 M USD +14%
Stockholders' Equity Attributable to Parent 462 M USD +11.7%
Liabilities and Equity 1.55 B USD -5.83%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 70.5 M USD +50.8%
Net Cash Provided by (Used in) Financing Activities -62.4 M USD -136%
Net Cash Provided by (Used in) Investing Activities -309 K USD +99.9%
Common Stock, Shares Authorized 200 M shares 0%
Common Stock, Shares, Issued 43.7 M shares +0.88%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 6.26 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 133 M USD +23.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.57 M USD +37.2%
Deferred Tax Assets, Valuation Allowance 2.38 M USD -62.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 102 M USD +56.3%
Operating Lease, Liability 23.1 M USD +2.67%
Depreciation 1.59 M USD -4.91%
Payments to Acquire Property, Plant, and Equipment 309 K USD -19.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 68.4 M USD -27%
Lessee, Operating Lease, Liability, to be Paid 24.8 M USD +5.08%
Property, Plant and Equipment, Gross 60.4 M USD +9.19%
Operating Lease, Liability, Current 9.82 M USD +5.36%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.42 M USD -1.84%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.1 M USD +38.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +76.9%
Deferred Income Tax Expense (Benefit) -28.6 M USD -277%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.66 M USD +56.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.99 M USD -19.1%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -22.8 M USD -386%
Current Income Tax Expense (Benefit) 38.1 M USD +27.9%
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 5.17 M USD -1.97%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.05 M USD +13.8%
Operating Lease, Payments 10.5 M USD +22.2%
Additional Paid in Capital 372 M USD +10%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 4.37 M USD -13.2%
Current Federal Tax Expense (Benefit) 28.9 M USD +43.7%
Amortization of Intangible Assets 102 M USD +42.3%
Depreciation, Depletion and Amortization 6.3 M USD +26%
Deferred Tax Assets, Net of Valuation Allowance 99.2 M USD +68.9%
Share-based Payment Arrangement, Expense 43.2 M USD +11.6%
Deferred State and Local Income Tax Expense (Benefit) -1.59 M USD -3.58%
Interest Expense 32.3 M USD +80%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%