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Progress Software Corporation PRGS NASDAQ

NASDAQ Global Select • Technology • Software - Application • US • USD

SharesGrow Score
54/100
3/7 Pass
SharesGrow Intrinsic Value
$168.96
+499.6%
Analyst Price Target
$45.00
+59.7%

Progress Software Corporation (PRGS) is a publicly traded company in the Technology sector, operating within the Software - Application industry. The company is headquartered in Burlington, MA, United States. The current CEO is Yogesh K. Gupta.

PRGS has IPO date of 1991-07-30, 2,815 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $1.19B.

About Progress Software Corporation

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

📍 15 Wayside Road, Burlington, MA 01803 📞 781 280 4000
Company Details
SectorTechnology
IndustrySoftware - Application
CountryUnited States
ExchangeNASDAQ Global Select
CurrencyUSD
IPO Date1991-07-30
CEOYogesh K. Gupta
Employees2,815
Trading Info
Current Price$28.18
Market Cap$1.19B
52-Week Range23.82-65.5
Beta0.76
ETFNo
ADRNo
CUSIP743312100
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