Progress Software
1981
FOUNDED
PUBLIC
STATUS
1K-5K
EMPLOYEES
PRGS
STOCK SYMBOL
27
INVESTMENTS
$41.69
SHARE PRICE
(As of Friday Closing)
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, Middle East, and Africa (EMEA).
Website
Formerly Known As
Data Language Corp
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Automation/Workflow Software
Other Industries
IT Consulting and Outsourcing
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
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $31.78 - $47.60 | $1.87B | $41.25 | $1.11 | 281K | 44.8M |
Progress Software Financials Summary
|
In Thousands,
USD |
TTM
31-Aug-2019
|
FY 2018
30-Nov-2018
|
FY 2017
30-Nov-2017
|
FY 2016
30-Nov-2016
|
|---|---|---|---|---|
| Enterprise Value | 1,859,363 | 1,558,439 | 1,908,009 | 1,341,069 |
| Revenue | 412,548 | 397,165 | 397,572 | 405,341 |
| EBITDA | 123,199 | 127,411 | 112,193 | 7,380 |
| Net Income | 53,605 | 63,491 | 37,417 | (55,726) |
| Total Assets | 859,925 | 640,609 | 718,718 | 754,827 |
| Total Debt | 296,458 | 116,089 | 121,909 | 135,000 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Progress Software Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookProgress Software Competitors (30)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Oracle | Formerly VC-backed | Redwood City, CA | 000000 | 000.00 | 0&0 | |
| 000000000 | Formerly PE-Backed | Waltham, MA | 0000 | 00.000 | 00000000000 | 00.000 |
| 0000000 | Formerly VC-backed | San Francisco, CA | 0000 | 00000 | 00000000 | 00000 |
| 0000000 | Formerly VC-backed | San Jose, CA | 0000 | 00000 | 00000000000 | 00000 |
| 0000000000 | Private Equity-Backed | Sterling, VA | 00 | 000.00 | 000000000000 |
Progress Software Acquisitions (27)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000000 | 30-Apr-2019 | 000000000000000000 | 00000 | Network Management Software | 000000 00000 |
| 000000 | 28-Jun-2017 | 000000000000000000 | 0000 | Software Development Applications | 000000 00000 |
| 0000000 | 29-Mar-2017 | 000000000000000000 | 0000 | Business/Productivity Software | 000000 00000 |
| 0000000000000 | 01-Jan-2017 | 000000000000000000 | 00.00 | Application Software | |
| OneBit Software | 01-Aug-2016 | Merger/Acquisition | IT Consulting and Outsourcing | 00000 00000 |
Progress Software Exits (4)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 00000000 | 10-Jun-2013 | 000000000000000000 | 00.00 | Completed |
|
| 0000000 | 01-Jan-2005 | 000000000000000000 | Completed |
|
|
| 0000000 | 19-Dec-2002 | 000000000000000000 | 0000 | Completed |
|
| ObjectStore | 01-Jan-2002 | Merger/Acquisition | Completed |
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 |
| 0000000000000 | Application Software | East Setauket, NY | 0000 |
Progress Software Executive Team (30)
22 Former Executives
You’re viewing 5 of 30 executives. Get the full list »Progress Software Board Members (10)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 0000000 0000 | Self | Board Member | 000 0000 | |
| 00000 00000 | Self | Board Member | 000 0000 | |
| 0000 0000 | Self | Chairman & Board Member | 000 0000 | |
| 0000 000000 00 | Self | Board Member | 000 0000 | |
| 000000 0000000 00.0 | Progress Software | Board Member | 000 0000 |
4 Former Board Members
You’re viewing 5 of 10 board members. Get the full list »