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Last $26.99 USD
Change Today -0.18 / -0.66%
Volume 270.0K
PRGS On Other Exchanges
As of 8:10 PM 04/1/15 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
05/9/14 - $20.41
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
Chief Technology Officer, Chief Product Offic...
Total Annual Compensation: $344.2K
Senior Vice President of Global Field Operati...
Total Annual Compensation: $270.6K
Compensation as of Fiscal Year 2014.

progress software corp (PRGS) Key Developments

Progress Introduces the Next Generation of Automated Testing with Latest from Telerik Test Studio

Progress announced the latest release of the intuitive, easy-to-use, Telerik®Test Studio® automated testing solution. As part of present release, Telerik, a Progress company, has added IntelliMap, a revolutionary advancement in test automation. This new functionality introduces a new way for testers to work in parallel with developers and avoid delays during quality assurance (QA). Test Studio solution enables users to record flexible tests for playback and write as much or as little code as needed, to build highly maintainable test suites. With this new release, users will be able to define and build tests ahead of time, without ever firing up the recorder. New features available in this release of Telerik Test Studio solution include: Element builder and step builder: prior to this release, the Step Builder enabled developers to craft certain types of steps using existing elements added by the powerful Telerik Test Studio recorder. Now developers can use the new Step Builder to craft any type of step–the options are limitless. Combined with the new Element Builder, Step Builder enables fully scaffolded tests to be created before the UI is delivered. Early Test Collaboration with Intellimap: ‘Intellimap’ is an intelligent mapper that enables testing teams to develop tests in parallel with development, while minimizing dependency on the UI. It hooks into the web browser and provides an easy-to-use, visual experience to quickly add find logic to ‘shell’ elements.

Progress Appoints Sean Doherty to the Role of Chief Sales Officer, Worldwide Sales, for the Progress Application Development and Deployment Business Unit

Progress announced the strategic hire of Sean Doherty to the role of Chief Sales Officer, Worldwide Sales, for the Progress Application Development and Deployment business unit. In this role, Doherty is focused on aligning sales goals, driving results as well as creating innovative and integrated sales initiatives to position Progress as the most important destination for developers the world over. Coming from high impact organizations including Red Hat and EnterpriseDB, Doherty. In addition to his wealth of experience, he has a proven track record for attracting, retaining and motivating successful sales professionals.

Progress Software Corporation to Report Q1, 2015 Results on Apr 01, 2015

Progress Software Corporation announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on Apr 01, 2015


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Industry Average

Valuation PRGS Industry Range
Price/Earnings 28.3x
Price/Sales 4.1x
Price/Book 2.5x
Price/Cash Flow 25.9x
TEV/Sales 3.3x

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