Progress Software Corporation
Progress Software Corporation develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; OpenEdge, an application development platform for running business-critical applications; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation, delivering intelligent, AI-powered, ROI-driving tools for marketers, and an extensible platform for developers; and WhatsUp Gold, a network infrastructure monitoring software providing visibility of various network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Market Cap
$2.3B
Volume
566.7K
Cash and Equivalents
$102.0M
EBITDA
$297.8M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$744.8M
Profit Margin
85.71%
52 Week High
$70.56
52 Week Low
$50.68
Dividend
N/A
Price / Book Value
5.18
Price / Earnings
41.88
Price / Tangible Book Value
-1.57
Enterprise Value
$3.7B
Enterprise Value / EBITDA
12.20
Operating Income
$171.6M
Return on Equity
13.48%
Return on Assets
5.36
Cash and Short Term Investments
$102.0M
Debt
$1.5B
Equity
$452.7M
Revenue
$869.0M
Unlevered FCF
$296.6M
Sector
Software
Category
N/A
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