PRGS Off 4%: FYQ4 Rev, EPS Miss (Correction)
Shares of Progress Software (PRGS) are down 89 cents, or 4.3%, at $20 in late trading at after the company reported revenue and profit for its fiscal Q4 ended November that missed analysts’ expectations, and projected this quarter’s revenue below expectations. Revenue in Q4 fell 2.4%, the company said, to $91.3 million, yielding EPS of [...]
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