Progress Software revenue down slightly from prior year's quarter

Progress Software Corp. (NASDAQ: PRGS) said its revenue from continuing operations was USD80.8m compared to USD81.7m in the same quarter last year, a year over year decrease of one percent on an actual currency basis and two percent on a constant currency basis.

Income from operations was USD20.3m compared to USD14.4m in the same quarter last year; income from continuing operations was USD12.8m compared to USD8.1m in the same quarter last year; and net income was USD12.8m compared to USD3.9m in the same quarter last year.

Progress Software is a global software company that simplifies the development, deployment and management of business applications on-premise or in the cloud, on any platform or device, to any data source, with enhanced performance, minimal IT complexity and low total cost of ownership. Its website is at www.progress.com.

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