Progress Software will release Q3 2025 financial results on September 29, followed by a conference call at 5:00 p.m. ET.
Quiver AI Summary
Progress Software announced that it will release its financial results for the fiscal third quarter of 2025 on September 29, 2025, after the market closes. The company will host a conference call at 5:00 p.m. ET that same day to discuss the results, following the close of the quarter on August 31. Participants can access the call via a live webcast or by phone, with recommendations to join 15 minutes early to avoid delays. An archive of the call and supporting materials will be available on the company's Investor Relations webpage. Progress Software specializes in AI-powered digital experience and infrastructure software, serving over 4 million developers across numerous enterprises.
Potential Positives
- Progress Software is scheduled to release its fiscal third quarter financial results, providing investors with timely insight into the company's performance.
- A conference call will follow the financial results announcement, allowing for direct communication between the company and its investors.
- The company's focus on AI-powered applications positions it well in a growing market, highlighting its commitment to innovation and customer success.
- Over 4 million developers and technologists rely on Progress, indicating a strong user base that supports the company's market presence and credibility.
Potential Negatives
- Failure to provide any financial guidance ahead of results may signal uncertainty or lack of confidence in the upcoming quarter.
FAQ
When will Progress Software release its Q3 2025 financial results?
Progress Software will release its financial results for Q3 2025 on September 29, 2025, after market close.
What time is the Progress Software conference call scheduled?
The conference call to discuss the financial results is scheduled for 5:00 p.m. ET on September 29, 2025.
How can I access the live conference call?
Participants can access the live conference call via a provided link or by phone with dial-in details.
Where can I find the archived conference call?
The archived version of the conference call will be available on the Progress Investor Relations webpage after the live event.
What does Progress Software do?
Progress Software provides AI-powered digital experience and infrastructure software, helping organizations manage applications and digital experiences effectively.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PRGS Congressional Stock Trading
Members of Congress have traded $PRGS stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $PRGS stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 07/10 and 1 sale worth up to $15,000 on 07/16.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$PRGS Insider Trading Activity
$PRGS insiders have traded $PRGS stock on the open market 13 times in the past 6 months. Of those trades, 3 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $PRGS stock by insiders over the last 6 months:
- LOREN JARRETT (EVP/GM Digital Experience) has made 0 purchases and 3 sales selling 34,093 shares for an estimated $2,083,082.
- DOMENIC LOCOCO (Chief Accounting Officer) sold 7,185 shares for an estimated $410,407
- ANTHONY FOLGER (Chief Financial Officer) has made 0 purchases and 2 sales selling 5,529 shares for an estimated $292,871.
- DAVID KRALL purchased 5,125 shares for an estimated $250,612
- IAN PITT (Chief Information Officer) has made 0 purchases and 2 sales selling 2,889 shares for an estimated $182,120.
- YOGESH K GUPTA (Chief Executive Officer) purchased 2,100 shares for an estimated $103,194
- YUFAN STEPHANIE WANG (Chief Legal Officer) sold 1,428 shares for an estimated $83,209
- RAINER GAWLICK purchased 1,710 shares for an estimated $74,350
- SUNDAR SUBRAMANIAN (EVP/GM Infrastructure Mgmt) sold 501 shares for an estimated $30,210
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PRGS Hedge Fund Activity
We have seen 171 institutional investors add shares of $PRGS stock to their portfolio, and 186 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SCHRODER INVESTMENT MANAGEMENT GROUP removed 296,767 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $15,286,468
- WELLINGTON MANAGEMENT GROUP LLP removed 271,202 shares (-20.0%) from their portfolio in Q2 2025, for an estimated $17,313,535
- LSV ASSET MANAGEMENT removed 255,470 shares (-66.6%) from their portfolio in Q2 2025, for an estimated $16,309,204
- BLACKROCK, INC. removed 252,935 shares (-3.6%) from their portfolio in Q2 2025, for an estimated $16,147,370
- MACQUARIE GROUP LTD removed 239,377 shares (-22.2%) from their portfolio in Q2 2025, for an estimated $15,281,827
- MILLENNIUM MANAGEMENT LLC added 238,779 shares (+138.9%) to their portfolio in Q2 2025, for an estimated $15,243,651
- RENAISSANCE TECHNOLOGIES LLC removed 198,400 shares (-36.8%) from their portfolio in Q2 2025, for an estimated $12,665,856
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$PRGS Analyst Ratings
Wall Street analysts have issued reports on $PRGS in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- DA Davidson issued a "Buy" rating on 07/01/2025
- Wedbush issued a "Outperform" rating on 07/01/2025
- Guggenheim issued a "Buy" rating on 04/01/2025
To track analyst ratings and price targets for $PRGS, check out Quiver Quantitative's $PRGS forecast page.
$PRGS Price Targets
Multiple analysts have issued price targets for $PRGS recently. We have seen 4 analysts offer price targets for $PRGS in the last 6 months, with a median target of $75.0.
Here are some recent targets:
- Fatima Boolani from Citigroup set a target price of $57.0 on 07/15/2025
- Lucky Schreiner from DA Davidson set a target price of $75.0 on 07/01/2025
- Daniel Ives from Wedbush set a target price of $75.0 on 07/01/2025
- John Difucci from Guggenheim set a target price of $83.0 on 04/01/2025
Full Release
BURLINGTON, Mass., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it will release financial results for its fiscal third quarter of 2025 after the market close on Monday, September 29, 2025. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. The company’s third quarter of fiscal year 2025 ended on August 31, 2025.
Conference Call Details
A live webcast of the call will be available using
this link
.
To access the conference call by phone, please use this link to retrieve dial-in details. To avoid delays, we encourage participants to dial into the conference call 15 minutes ahead of the scheduled start time.
An archived version of the conference call and supporting materials will be available on the Progress Investor Relations webpage after the live conference call.
About Progress Software
Progress Software
(Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at
www.progress.com
.
Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.
| Investor Contact: | Press Contact: | |
| Michael Micciche | Jeff Young | |
| Progress Software | Progress Software | |
| +1 781-850-8450 | +1 781-280-4000 | |
| [email protected] | [email protected] |
Source: Progress Software Corporation
