Progress Software Files 8-K on Financials
Ticker: PRGS · Form: 8-K · Filed: Mar 26, 2024 · CIK: 876167
Sentiment: neutral
Topics: financial-reporting, 8-K, financial-statements
Related Tickers: PRGS
TL;DR
PRGS dropped an 8-K detailing financials - check it for the latest numbers.
AI Summary
On March 26, 2024, Progress Software Corp. (PRGS) filed an 8-K to report on its financial condition and results of operations. The filing includes financial statements and exhibits related to its business performance. The company is incorporated in Delaware and headquartered in Burlington, Massachusetts.
Why It Matters
This filing provides investors with an update on Progress Software's financial health and operational results, which can influence investment decisions.
Risk Assessment
Risk Level: low — This is a routine financial filing and does not indicate any unusual or immediate risks.
Key Players & Entities
- Progress Software Corp. (company) — Registrant
- 0000876167-24-000057 (filing_id) — Accession Number
- March 26, 2024 (date) — Filing Date
- Delaware (jurisdiction) — State of Incorporation
- Burlington, Massachusetts (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on the Results of Operations and Financial Condition of Progress Software Corp., as well as to provide Regulation FD Disclosure and Financial Statements and Exhibits.
When was this 8-K filing submitted?
This 8-K filing was submitted on March 26, 2024.
What is the state of incorporation for Progress Software Corp.?
Progress Software Corp. is incorporated in Delaware.
Where are Progress Software Corp.'s principal executive offices located?
Progress Software Corp.'s principal executive offices are located at 15 Wayside Road, Suite 400, Burlington, Massachusetts 01803.
What is the SIC code for Progress Software Corp.?
The Standard Industrial Classification (SIC) code for Progress Software Corp. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 650 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2024-03-26 16:27:11
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share PRGS The Nasdaq Sto
Filing Documents
- prgs-20240326.htm (8-K) — 27KB
- exhibit991-q12024earningsr.htm (EX-99.1) — 365KB
- q124supplementaldeck.htm (EX-99.2) — 27KB
- newprogresslogoa30a.jpg (GRAPHIC) — 8KB
- q124supplementaldeck001.jpg (GRAPHIC) — 41KB
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- q124supplementaldeck011.jpg (GRAPHIC) — 71KB
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- q124supplementaldeck017.jpg (GRAPHIC) — 214KB
- q124supplementaldeck018.jpg (GRAPHIC) — 184KB
- q124supplementaldeck019.jpg (GRAPHIC) — 24KB
- 0000876167-24-000057.txt ( ) — 3116KB
- prgs-20240326.xsd (EX-101.SCH) — 2KB
- prgs-20240326_lab.xml (EX-101.LAB) — 21KB
- prgs-20240326_pre.xml (EX-101.PRE) — 12KB
- prgs-20240326_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On March 26, 2024, Progress Software Corporation ("Progress") issued a press release announcing its financial results for the fiscal first quarter ended February 29, 2024. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that Section, and shall not be incorporated by reference into any other filing by Progress under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure In connection with the issuance of the press release attached hereto as Exhibit 99.1, the supplemental data attached as Exhibit 99.2 to this Current Report will be available on the Progress website within the investor relations section prior to the live conference call. The information furnished pursuant to this Item 7.01, including Exhibit 99.2, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that Section, and shall not be incorporated by reference into any other filing by Progress under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press release issued by Progress Software Corporation on March 26, 2024 99.2 Q1 2024 Supplemental Data 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 26, 2024 Progress Software Corporation By: /s/ ANTHONY FOLGER Anthony Folger Chief Financial Officer