Progress Software Rises on FYQ2 Earnings Beat; Year Rev View Beats

Tech Trader Daily
By Tiernan RayJun 29, 2016, 4:24 pm92 pts
Shares of software tools maker Progress Software (PRGS) are up 78 cents, or 3%, at $25.97, after the company this afternoon reported fiscal Q2 revenue and profit that topped analysts’ expectations, forecast this quarter’s revenue slightly below consensus, and forecast full-year revenue higher. Revenue in…

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