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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


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