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Last $26.70 USD
Change Today -0.02 / -0.07%
Volume 9.2K
PRGS On Other Exchanges
As of 10:35 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

progress software corp (PRGS) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/24/15 - $27.80
52 Week Low
06/5/14 - $20.92
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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progress software corp (PRGS) Details

Progress Software Corporation provides software solutions for various industries worldwide. It offers Progress OpenEdge, a development software, which builds multi-language applications for secure deployment across any platform, mobile device, and cloud; Progress Corticon, a business rules management system that enables applications with decision automation, decision change process, and decision-related insight capabilities; Progress DataDirect Connect software that offers data connectivity using industry-standard interfaces to connect applications running on various platforms; and Progress DataDirect Cloud, a software as a service (SaaS)-based connection management service that simplifies SQL access to a spectrum of cloud-based data sources through a single standards-based interface. The company also provides Progress Pacific, a platform-as-a-service, which enables creation and deployment of data-driven business applications with minimal coding by using point-and-click and drag-and-drop tools in a Web browser; Progress Rollbase, which allows creation of SaaS business applications using point and click, and drag and drop tools in a Web browser; Modulus, a control platform for running Node.js applications; and Telerik Dev Tools, a cross-platform for next generation Web, mobile, desktop, and HTML5 applications. In addition, it offers Telerik Dev Cloud, a cloud-based application for design, deployment, hosting, and testing; Telerik Platform, an end-to-end application lifecycle solution; Telerik ALM, an application lifecycle management suite; and Telerik Sifefinity, a next-generation Web content management and customer analytics platform. Further, the company provides application development, consulting, training, and customer support services. It sells its products directly to end-users, as well as indirectly to application partners, original equipment manufacturers, and system integrators. The company was founded in 1981 and is headquartered in Bedford, Massachusetts.

1,075 Employees
Last Reported Date: 01/29/15
Founded in 1981

progress software corp (PRGS) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $650.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $375.0K
President of Application Development & Deploy...
Total Annual Compensation: $330.0K
Senior Vice President of Global Field Operati...
Total Annual Compensation: $270.6K
Senior Vice President of Strategy and Corpora...
Total Annual Compensation: $315.0K
Compensation as of Fiscal Year 2014.

progress software corp (PRGS) Key Developments

Progress Announces Telerik Platform for Mobile Application Development in the Enterprise

Progress Software Corporation announced the latest release of Telerik Platform [2], the cross-platform mobile application development solution for creating mobile web, native and hybrid apps quickly and easily. With the latest release, Telerik Platform includes key enterprise elements to better enable low code development options for both the developer and technical business user; enterprise mBaaS for simplified data integrations and synchronization; and a native development framework to provide complete development flexibility. Enterprises now have an effective and easy-to-use solution (on-premise or in the cloud) that leverages existing developer skills, coupled with device-agnostic support, security, reliability, scalability and flexibility. All of this comes from a trusted technology source backed by a company with a 30-year history of customer and partner success. New components in Telerik Platform include: Screen Builder: low code development for developers and technical business users to work hand-in-hand on mobile development efforts. Users of all development skillsets can create and configure screens visually from a set of pre-defined templates, as well as easily and securely connect to enterprise data without the need to write custom code. With Screen Builder, users can generate functional hybrid and native mobile apps quickly. In addition, applications can be modified and extended at any time through an integration with Telerik AppBuilder; AppManager LiveSync: enables enterprises to release updates to in-production applications without going through app store approval. Users now get immediate updates, features and fixes in real-time without disruption. AppManager LiveSync works with applications deployed to the iOS, Google Play and Windows stores; AppFeedback: provides real-time user analytics and integrates user feedback directly into the development workflows within Telerik Platform. It offers custom user reports and dashboards to ensure IT and development managers are getting the right level of information when and how they need it.

Progress Software Corporation Announces Resignation of John P. Goodson as Senior Vice President, Chief Product and Technology Officer, Effective on May 1, 2015

Progress Software Corporation reported that John P. Goodson, Senior Vice President, Chief Product and Technology Officer, resigned effective on May 1, 2015, to pursue another opportunity.

Progress Software Corporation Announces Availability of DigitalOcean for Modulus Platform Users

Progress Software Corporation has announced the availability of DigitalOcean for Modulus platform users deploying apps in Asia-Pacific. Developers anywhere in the world who deploy apps in Asia-Pacific can take advantage of the Modulus platform running on DigitalOcean, immediately. Customers can now build, deploy and scale truly global applications while relying on best-in-class regional support in Asia and Australia. Furthermore, enterprise customers and ISVs can expect decreased latency and increased response time for their Node.js application deployment in APAC.


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Industry Average

Valuation PRGS Industry Range
Price/Earnings 36.6x
Price/Sales 4.0x
Price/Book 2.5x
Price/Cash Flow 28.1x
TEV/Sales 2.9x

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