Articles from Progress Software Corporation

New functionality adds additional protection against cyber threats and supports compliance with evolving security standards for sensitive data transfers

Senior engineering leader to oversee Company’s AI strategy and continued rapid development of AI-powered solutions across the global Progress product portfolio

Company’s Recognition Based on Completeness of Vision and Ability to Execute

BURLINGTON, Mass., Jan. 23, 2025 (GLOBE NEWSWIRE) -- New offering empowers enterprises to simplify data operations and enhance AI capabilities in the cloud

Annualized Recurring Revenue grew 46% year-over-year2024 Cash Flow from Operations $212 million vs. $174 million last year, 22% growthShareFile Integration Underway

Company closes 2024 with multiple award recognitions for corporate social responsibility, workplace culture, inclusion and belonging, and more

BURLINGTON, Mass., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced that it will release financial results for its fiscal fourth quarter and fiscal year 2024 after the market close on Tuesday, January 21, 2025. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. The company’s fiscal year ended on November 30, 2024.

ShareFile becomes the only AI-powered, document workflow and secure file sharing solution in AICPA’s Member Discount Program

New design capabilities, advanced data visualization and support for .NET 9 and Angular 19 add to the most comprehensive offer on the market for .NET and JavaScript UI libraries

Latest Sitefinity release offers out-of-the-box native support for Next.js and Gen AI-powered content workflows--accelerating the delivery of digital experiences

Enduring partnership highlights both companies’ dedication to providing cutting-edge cybersecurity solutions for customers throughout the Middle East

ShareFile’s AI-powered, document-centric collaboration platform expands Progress’ industry-leading product portfolio and marks a major milestone in the company’s Total Growth Strategy

Accomplished industry leader with proven track record in developing people strategies and creating impactful employee experiences for global multi-billion-dollar organizations to enhance award-winning best employer

IP Address Indexing is the first in a series of major performance and scalability enhancements to the Flowmon AI-powered Network Detection and Response & Network Visibility offerings.

Announced during the OpenEdge World Tour and PUG Challenge Americas event, the awards recognize partners for their exemplary collaboration, modern business applications and exceptional commitment to customers

Progress Q3'24 Tops High End of EstimatesExpects to Close ShareFile Acquisition in Fiscal 2024

Scholarships granted based on academic achievements, accomplishments in STEM and financial need

Innovators from Dupont, Salesforce, Yale and more to explore the future of data, generative AI, knowledge management and data visualization

BURLINGTON, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced that it will release financial results for its fiscal third quarter of 2024 after the market close on Tuesday, September 24, 2024. The company’s third quarter of fiscal year 2024 ended on August 31, 2024.

Adds SaaS-native, AI-powered, document-centric collaboration platform to its robust enterprise software portfolio and continues to execute its Total Growth Strategy

New release more than doubles accuracy of response and simplifies development of secure generative AI-enhanced applications

Progress Semaphore ranks #1 for fourth consecutive year, based on user feedback on Info-Tech's SoftwareReviews platform

Semaphore 5.10 increases user productivity with an AI-powered tool that simplifies and accelerates the creation of semantic knowledge models to streamline decision-making processes

Multiple AI-powered features and seamless CMS integration influence Sitefinity Insight’s status as a RealCDP™

BURLINGTON, Mass., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced that the Securities and Exchange Commission’s Division of Enforcement (SEC) has concluded its fact-finding investigation into the MOVEit vulnerability. The SEC has notified Progress that it does not intend to recommend an enforcement action against the company at this time. As previously disclosed, Progress received a subpoena from the SEC on October 2, 2023, as part of a fact-finding inquiry seeking various documents and information relating to the MOVEit vulnerability.

New offering delivers efficiency, speed and trust in even the most complex IT environments

New UI toolkit enables customers to build data-driven applications up to 90% faster than starting from scratch

Latest release of cloud-based application delivery platform empowers customers to tune their WAF to reduce false positives alerts, enhance web application security and provide an optimal application experience

Second Quarter Revenues and Earnings Per Share Ahead of GuidanceRaising Full Year Revenue and Earnings Per Share Outlook

Company wins multiple awards in first half of 2024 from leading organizations including USA Today, Forbes, Boston Business Journal, MassTLC and more

BURLINGTON, Mass., June 11, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that it will release financial results for its fiscal second quarter of 2024 after the market close on Tuesday, June 25, 2024. The company’s second quarter of fiscal year 2024 ended on May 31, 2024.

Latest Q2 2024 release enables developers to integrate Generative AI into any app and to rapidly build and design innovative, inclusive digital experiences

Using Progress DataDirect, the global IT services company automated complex encryption processes, speeding the cloud migration process for leading healthcare insurer

STATEMENT OF NO INTENTION TO MAKE AN OFFER (RULE 2.8 ANNOUNCEMENT)

BURLINGTON, Mass., April 19, 2024 (GLOBE NEWSWIRE) -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

New release offers AI-based conversion optimization, AI-assisted content classification and upgrades for faster performance in modern digital experiences

A survey of more than 700 technology professionals worldwide discusses the rising importance of human-centric design as a means for driving inclusive business practices

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

Fifth annual report underscores company’s unwavering commitment to inclusion and diversity, charitable giving and sustainability

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

First Quarter Revenues and Earnings Per Share Ahead of Estimates

POSSIBLE OFFER (RULE 2.4 ANNOUNCEMENT)

New partnership combines the advanced network detection and response (NDR) capabilities of Progress Flowmon with Veeam Data Platform to help secure customers’ critical data

Based on user reviews, Progress Semaphore ranks #1 for third consecutive year with the highest scores across all categories

BURLINGTON, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that it will release financial results for its fiscal first quarter of 2024 after the market close on Tuesday, March 26, 2024. The company’s first quarter of fiscal year 2024 ended on February 29, 2024

ABN AMRO becomes the first bank in Europe to bring its Progress MarkLogic-powered application to Microsoft Azure

Company Evaluation Based on Its Completeness of Vision and Ability to Execute

New $900M facility provides liquidity and flexibility at greater scale

Designed to empower the next generation of extraordinary women leaders, the scholarship series focuses on computer science, software engineering, IT and/or computer information systems

BURLINGTON, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Progress Software Corporation (NASDAQPRGS) (“Progress”) today announced the pricing of its private offering of $400.0 million aggregate principal amount of 3.50% Convertible Senior Notes due 2030 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Progress also granted the initial purchasers of the Notes an option to purchase up to an additional $50.0 million aggregate principal amount of the Notes, for settlement within a 13-day period beginning on, and including, the first date on which the Notes are issued, solely to cover overallotments. The aggregate principal amount of the offering was increased from the previously announced offering size of $350.0 million (or $402.5 million if the initial purchasers exercise their option to purchase additional notes in full). The offering of the Notes is expected to close on March 1, 2024, subject to customary closing conditions.

BURLINGTON, Mass., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Progress Software Corporation (NASDAQPRGS) (“Progress”) today announced that it intends to offer, subject to market and other conditions, $350.0 million aggregate principal amount of Convertible Senior Notes due 2030 (the “Notes”), to be sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Progress also expects to grant to the initial purchasers of the Notes an option to purchase up to an additional $52.5 million aggregate principal amount of the Notes, for settlement within a 13-day period beginning on, and including, the first date on which the Notes are issued, solely to cover overallotments.

With new features such as incremental build support, OpenTelemetry integration and dynamic data masking, developers can build robust, more secure business applications while optimizing performance

As the only international speaker, Dr. Shirley Knowles will discuss the benefits of diversity in the workplace and society alongside Bulgarian leaders from HPE, Coca-Cola HBC, Siemens and Shell Oil

Part of the global Progress Women in STEM scholarship series, the US scholarship is designed to empower the next generation of extraordinary women leaders in science, technology, engineering and mathematics

Fourth Quarter Revenues and Earnings Per Share Ahead of EstimatesARR Growth of 17% Year-over-Year

Company received multiple awards for culture and commitment to inclusion and diversity in the second half of 2023

BURLINGTON, Mass., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that it will release financial results for its fiscal fourth quarter and fiscal year 2023 after the market close on Tuesday, January 16, 2024. The company’s fiscal year 2023 ended on November 30, 2023.

Based on user reviews, Progress Semaphore ranks #1 for the third consecutive year, with the highest marks for usability, breadth and quality of features, business value created and more

Large and midsize enterprise customers from around the world recommend the Progress Digital Experience (DX) Solution

Progress Sitefinity 15 empowers marketers with generative AI capabilities and enhanced data connectivity for a unified customer view and accelerated delivery of personalized experiences

Using MarkLogic Data Hub, the Dutch nonprofit created a 360-degree view of protected nature areas to give rangers better situational awareness and help prevent animal poaching

Latest R3 2023 release offers new components for .NET MAUI, Blazor and more that enable developers to build modern applications faster with expanded design system tooling, advanced data visualizations, WCAG 2.2 accessibility, Content Security Policy (CSP) compliance, and more

Flowmon Anomaly Detection System (ADS) 12.2 offers new capabilities to manage the growing volume of cyber threats with speed and precision

Candidate selected based on passion for STEM, community commitment and dedication to education

New SaaS platform empowers IT teams to fight application downtime with real-time insights and improved cross-team collaboration – all through a unified, intuitive interface

Announced during the OpenEdge World Tour event in Las Vegas, the awards recognize partners for their innovation, modern business applications and positive impact on their customers’ success

Third Quarter Results Ahead of Estimates ARR Up 18%; Raises Full Year Outlook

The strategic technology partnership offers guidance for Progress OpenEdge customers on modernization efforts, lowering maintenance costs and strengthening their enterprise applications

BURLINGTON, Mass., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of application development and infrastructure software, today announced that it will release financial results for its fiscal third quarter of 2023 after the market close on Tuesday, September 26, 2023. The company’s third quarter of fiscal year 2023 ended on August 31, 2023.

Now in its 12th year, the comprehensive event for DevOps professionals will dive into the latest innovations and practices in DevSecOps, compliance and security

Company wins multiple awards in first half of 2023 from leading organizations including the Boston Business Journal, Built In, WomenTech and more

This eagerly awaited event will serve as a unique platform for the gathering of renowned experts in cutting-edge technologies such as .NET MAUI, Blazor, React and Angular that are shaping the future of digital experiences

Exceeds Q2 Revenue and Earnings Estimates ARR increases by 19%; Raises Full Year Guidance

The 2023 class includes academically elite students attending Brown University, Sofia University and Technical University in Sofia.

Now in its 12th year, the awards recognize the exceptional digital experiences Progress Sitefinity customers and partners have created