Progress Software Files 8-K on Financials
Ticker: PRGS · Form: 8-K · Filed: Jun 25, 2024 · CIK: 876167
Sentiment: neutral
Topics: financial-condition, results-of-operations, sec-filing
Related Tickers: PRGS
TL;DR
PRGS filed an 8-K on 6/25/24 covering financial results. Stay tuned for details.
AI Summary
On June 25, 2024, Progress Software Corp. (PRGS) filed an 8-K report. The filing primarily concerns the company's financial condition and results of operations, along with Regulation FD disclosures and financial statements. Specific financial figures or operational updates beyond the general nature of an 8-K are not detailed in the provided text.
Why It Matters
This filing provides an official update on Progress Software's financial condition and operational results, which is crucial for investors to assess the company's performance and make informed decisions.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report detailing financial condition and operations, without immediate indication of significant adverse events.
Key Players & Entities
- PROGRESS SOFTWARE CORP /MA (company) — Registrant
- 0000876167-24-000097 (filing_id) — Accession Number
- June 25, 2024 (date) — Date of Report
- 15 Wayside Road, Suite 400 (address) — Principal Executive Offices
- Burlington, Massachusetts (location) — Principal Executive Offices Location
- 781-280-4000 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing by Progress Software Corp.?
The primary purpose of this 8-K filing is to report on the company's Results of Operations and Financial Condition, as well as provide Regulation FD Disclosures and Financial Statements and Exhibits.
On what date was this 8-K report filed?
This 8-K report was filed on June 25, 2024.
What is Progress Software Corp.'s principal executive office address?
Progress Software Corp.'s principal executive office is 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.
What is the fiscal year end for Progress Software Corp.?
Progress Software Corp.'s fiscal year ends on November 30 (1130).
Filing Stats: 650 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2024-06-25 16:17:30
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share PRGS The Nasdaq Sto
Filing Documents
- prgs-20240625.htm (8-K) — 27KB
- exhibit991-q22024earningsr.htm (EX-99.1) — 458KB
- q224supplementaldeck.htm (EX-99.2) — 28KB
- newprogresslogoa30a.jpg (GRAPHIC) — 8KB
- q224supplementaldeck001.jpg (GRAPHIC) — 41KB
- q224supplementaldeck002.jpg (GRAPHIC) — 238KB
- q224supplementaldeck003.jpg (GRAPHIC) — 71KB
- q224supplementaldeck004.jpg (GRAPHIC) — 105KB
- q224supplementaldeck005.jpg (GRAPHIC) — 81KB
- q224supplementaldeck006.jpg (GRAPHIC) — 66KB
- q224supplementaldeck007.jpg (GRAPHIC) — 76KB
- q224supplementaldeck008.jpg (GRAPHIC) — 75KB
- q224supplementaldeck009.jpg (GRAPHIC) — 94KB
- q224supplementaldeck010.jpg (GRAPHIC) — 84KB
- q224supplementaldeck011.jpg (GRAPHIC) — 70KB
- q224supplementaldeck012.jpg (GRAPHIC) — 98KB
- q224supplementaldeck013.jpg (GRAPHIC) — 46KB
- q224supplementaldeck014.jpg (GRAPHIC) — 107KB
- q224supplementaldeck015.jpg (GRAPHIC) — 213KB
- q224supplementaldeck016.jpg (GRAPHIC) — 191KB
- q224supplementaldeck017.jpg (GRAPHIC) — 90KB
- q224supplementaldeck018.jpg (GRAPHIC) — 24KB
- 0000876167-24-000097.txt ( ) — 3128KB
- prgs-20240625.xsd (EX-101.SCH) — 2KB
- prgs-20240625_lab.xml (EX-101.LAB) — 21KB
- prgs-20240625_pre.xml (EX-101.PRE) — 12KB
- prgs-20240625_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On June 25, 2024, Progress Software Corporation ("Progress") issued a press release announcing its financial results for the fiscal second quarter ended May 31, 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 June 25, 2024 99.2 Q2 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: June 25, 2024 Progress Software Corporation By: /s/ ANTHONY FOLGER Anthony Folger Chief Financial Officer