Progress Software Overview

  • Founded
  • 1981
Founded
  • Status
  • Public
  • Employees
  • 1,796
Employees
  • Stock Symbol
  • PRGS
Stock Symbol
  • Investments
  • 28
  • Share Price
  • $43.62
  • (As of Friday Closing)

Progress Software General Information

Description

Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm operates in three segments: OpenEdge, which offers development software for building multi-language applications; Data Connectivity and Integration, which focuses on data integration components of its cloud offerings; and Application Development and Deployment, which focuses on growing application development assets for customers. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States, Europe, the Middle East, and Africa (EMEA).

Contact Information

Formerly Known As
Data Language Corp
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
IT Consulting and Outsourcing
Other Industries
Business/Productivity Software
Database Software
Stock Exchange
NAS
Primary Office
  • 14 Oak Park Drive
  • Bedford, MA 01730
  • United States
+1 (781) 000-0000
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Progress Software Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$43.62 $42.32 $28.09 - $49.23 $1.93B 44.2M 326K $1.78

Progress Software Financials Summary

In Thousands,
USD
TTM 30-Nov-2020 FY 2020 30-Nov-2020 FY 2019 30-Nov-2019 FY 2018 30-Nov-2018
EV 1,891,793 1,891,793 2,032,503 1,558,439
Revenue 442,150 442,150 413,298 378,981
EBITDA 140,075 140,075 93,944 109,227
Net Income 79,722 79,722 26,400 49,670
Total Assets 1,041,782 1,041,782 881,271 644,150
Total Debt 416,483 416,483 294,719 116,089
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Progress Software Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Progress Software Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a
IT Consulting and Outsourcing
Bedford, MA
1,796 As of 2020
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San Francisco, CA
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San Francisco, CA
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Progress Software Competitors (35)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
New Relic Formerly VC-backed San Francisco, CA 0000 00000 000000 - 000 00000
000000 Formerly VC-backed San Francisco, CA 0000 00000 00000000000 00000
000000000 Formerly PE-Backed Waltham, MA 0000 00.000 00000000000 00.000
0000000000 Formerly VC-backed Santa Clara, CA 00000 00000 00000000000 00000
0000000 Formerly VC-backed San Francisco, CA 0000 00000 00000000 00000
You’re viewing 5 of 35 competitors. Get the full list »

Progress Software Executive Team (36)

Name Title Board Seat Contact Info
Yogesh Gupta Chief Executive Officer & Board Member
Sundar Subramanian General Manager of Chef Business
Loren Jarrett General Manager & Senior Vice President
Tony Murphy Chief Information Officer & Executive
Stephen Faberman JD Chief Legal Officer, Legal
You’re viewing 5 of 36 executive team members. Get the full list »

Progress Software Board Members (13)

Name Representing Role Since
Angela Tucci Self Board Member 000 0000
Charles Kane Self Board Member 000 0000
David Krall Self Board Member 000 0000
John Egan Self Chairman & Board Member 000 0000
Paul Dacier JD Self Board Member 000 0000
You’re viewing 5 of 13 board members. Get the full list »

Progress Software Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Progress Software Acquisitions (28)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 00000000 06-Oct-2020 000000000000000000 00000 Business/Productivity Software 000000 00000
00000000 30-Apr-2019 000000000000000000 00000 Network Management Software 000000 00000
000000 28-Jun-2017 000000000000000000 000.00 Software Development Applications 000000 00000
0000000 01-Mar-2017 000000000000000000 0000 Business/Productivity Software 000000 00000
MightyMeeting 01-Jan-2017 Merger/Acquisition 00.00 Application Software
You’re viewing 5 of 28 acquisitions. Get the full list »

Progress Software Subsidiaries (5)

Company Name Industry Location Founded
DataRPM Business/Productivity Software Redwood City, CA 2012
0000000 Application Software Cincinnati, OH 0000
000000 00000000 IT Consulting and Outsourcing Sofia, Bulgaria 0000
000000 Software Development Applications Boston, MA 0000
0000 00000000 Business/Productivity Software Seattle, WA 0000
To view Progress Software’s complete subsidiaries history, request access »

Progress Software Exits (4)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000000 24-May-2013 000000000000000000 00.00 Completed
  • 00000000 00000000
0000000 01-Jan-2005 000000000000000000 000 Completed
  • 00000000 00000000
0000000 19-Dec-2002 000000000000000000 0000 Completed
  • 00000000 00000000
ObjectStore 01-Jan-2002 Merger/Acquisition Completed
To view Progress Software’s complete exits history, request access »