Progress Software Corp
NASDAQ:PRGS

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Progress Software Corp
NASDAQ:PRGS
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Price: 66.38 USD 0.7% Market Closed
Market Cap: 2.8B USD
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Progress Software Corp
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Progress Software Corp
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Progress Software Corp
NASDAQ:PRGS
Pre-Tax Income
$96.2m
CAGR 3-Years
-1%
CAGR 5-Years
15%
CAGR 10-Years
3%
Oracle Corp
NYSE:ORCL
Pre-Tax Income
$13.2B
CAGR 3-Years
15%
CAGR 5-Years
2%
CAGR 10-Years
0%
ServiceNow Inc
NYSE:NOW
Pre-Tax Income
$1.6B
CAGR 3-Years
92%
CAGR 5-Years
115%
CAGR 10-Years
N/A
Fortinet Inc
NASDAQ:FTNT
Pre-Tax Income
$1.9B
CAGR 3-Years
46%
CAGR 5-Years
40%
CAGR 10-Years
39%
Microsoft Corp
NASDAQ:MSFT
Pre-Tax Income
$110.8B
CAGR 3-Years
14%
CAGR 5-Years
19%
CAGR 10-Years
15%
CrowdStrike Holdings Inc
NASDAQ:CRWD
Pre-Tax Income
$169.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Progress Software Corp
Glance View

Market Cap
2.8B USD
Industry
Technology

Progress Software Corp. is a pioneering player in the software industry, carving out its niche by providing businesses with the building blocks necessary for digital transformation. Founded in 1981, the Massachusetts-based company has evolved in harmony with the ever-changing tech landscape. At its core, Progress Software offers robust cloud and hybrid deployment tools that empower developers to create, deploy, and manage complex applications with ease. By offering an array of products such as application development platforms, data connectivity solutions, and application management tools, Progress caters to the dynamic needs of businesses that seek to enhance efficiency and innovate swiftly. These offerings serve multiple sectors from finance to healthcare, enabling enterprises to integrate powerful functionalities into their operations without starting from scratch. The company's revenue streams are as multifaceted as its product offerings. Primarily, Progress Software generates income through software license fees, subscriptions, maintenance, and support services. As businesses increasingly prioritize digital agility, the recurring nature of its subscription and support revenues has proved pivotal, offering not just growth but also financial predictability. Moreover, strategic acquisitions have bolstered its product suite, cementing its role as a comprehensive solution provider. By consistently updating its technologies to remain at the forefront of trends such as artificial intelligence and machine learning, Progress ensures its clients can adapt to future challenges, thus maintaining its significance in a tech-driven world. In essence, Progress Software thrives by being the architect of digital frameworks that foster innovation across industries.

PRGS Intrinsic Value
99.87 USD
Undervaluation 34%
Intrinsic Value
Price

See Also

What is Progress Software Corp's Pre-Tax Income?
Pre-Tax Income
96.2m USD

Based on the financial report for Aug 31, 2024, Progress Software Corp's Pre-Tax Income amounts to 96.2m USD.

What is Progress Software Corp's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
3%

Over the last year, the Pre-Tax Income growth was 4%. The average annual Pre-Tax Income growth rates for Progress Software Corp have been -1% over the past three years , 15% over the past five years , and 3% over the past ten years .

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