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
10-Q - Q2 2024 - Jul 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 98.3 % -9.36%
Quick Ratio 1.34 %
Return On Equity 16.6 % -18.5%
Return On Assets 4.63 % -14.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 42.8M shares -1.36%
Common Stock, Shares, Outstanding 43.1M shares -0.68%
Entity Public Float 2.57B USD +24%
Common Stock, Value, Issued 431K USD -1.15%
Weighted Average Number of Shares Outstanding, Basic 43.2M shares -0.3%
Weighted Average Number of Shares Outstanding, Diluted 44M shares -1.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 712M USD +9.36%
Cost of Revenue 131M USD +22.5%
Selling and Marketing Expense 159M USD +7.2%
General and Administrative Expense 86.2M USD +5.24%
Operating Income (Loss) 114M USD -5.8%
Nonoperating Income (Expense) -31.2M USD -41.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 82.9M USD -16.3%
Income Tax Expense (Benefit) 9.6M USD -45.8%
Net Income (Loss) Attributable to Parent 73.3M USD -9.86%
Earnings Per Share, Basic 1.68 USD/shares -10.6%
Earnings Per Share, Diluted 1.65 USD/shares -9.84%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 190M USD +51.7%
Cash, Cash Equivalents, and Short-term Investments 123M USD -29.1%
Accounts Receivable, after Allowance for Credit Loss, Current 82.4M USD -5.54%
Inventory, Net 5.04M USD +42%
Other Assets, Current 37.1M USD +4.64%
Assets, Current 343M USD +22%
Deferred Income Tax Assets, Net 32.6M USD +646%
Property, Plant and Equipment, Net 13.1M USD -10.5%
Operating Lease, Right-of-Use Asset 14.2M USD -39.2%
Intangible Assets, Net (Excluding Goodwill) 305M USD -24.7%
Goodwill 833M USD +0.83%
Other Assets, Noncurrent 13.6M USD +48%
Assets 1.59B USD -0.97%
Accounts Payable, Current 8.58M USD +19.8%
Employee-related Liabilities, Current 34.8M USD +1.63%
Contract with Customer, Liability, Current 227M USD -0.45%
Liabilities, Current 307M USD -5.03%
Contract with Customer, Liability, Noncurrent 65M USD +16%
Deferred Income Tax Liabilities, Net 3.71M USD -18.4%
Operating Lease, Liability, Noncurrent 9.97M USD -43.5%
Other Liabilities, Noncurrent 4.54M USD -8.99%
Accumulated Other Comprehensive Income (Loss), Net of Tax -34.7M USD -6.17%
Retained Earnings (Accumulated Deficit) 106M USD +1.53%
Stockholders' Equity Attributable to Parent 402M USD -4.09%
Liabilities and Equity 1.59B USD -0.97%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 70.5M USD +50.8%
Net Cash Provided by (Used in) Financing Activities -62.4M USD -136%
Net Cash Provided by (Used in) Investing Activities -309K USD +99.9%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 43.1M shares -0.68%
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 6.26M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 190M USD +51.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.57M USD +37.2%
Deferred Tax Assets, Valuation Allowance 2.38M USD -62.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 102M USD +56.3%
Operating Lease, Liability 23.1M USD +2.67%
Depreciation 1.59M USD -4.91%
Payments to Acquire Property, Plant, and Equipment 309K USD -19.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 71.2M USD -11.7%
Lessee, Operating Lease, Liability, to be Paid 24.8M USD +5.08%
Property, Plant and Equipment, Gross 60.4M USD +9.19%
Operating Lease, Liability, Current 9.45M USD -6.37%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.42M USD -1.84%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.1M USD +38.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +76.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.66M USD +56.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.99M USD -19.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 5.17M USD -1.97%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.05M USD +13.8%
Operating Lease, Payments 8.57M USD
Additional Paid in Capital 330M USD -4.82%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 100M USD +25.8%
Deferred Tax Assets, Net of Valuation Allowance 99.2M USD +68.9%
Share-based Payment Arrangement, Expense 44.9M USD +13.3%
Interest Expense 32.3M USD +80%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%