Progress Software Announces Third Quarter 2025 Financial Results Annualized Recurring Revenue ("ARR") of $849 million Grew 47% year-over-yearRevenue of $250 million Grew 40% year-over-yearRaises Full Year Guidance for Revenue, Earnings Per Share, and Cash Flow BURLINGTON, Mass., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal third quarter ended August 31, 2025. Third Quarter 2025 Highlights: Revenue of $250 million increased 40% year-...
Progress Software Brings the Power of GenAI and RAG to OpenEdge Customers to Accelerate Development Purpose-built MCP connector combines Generative AI (GenAI) and Retrieval-Augmented Generation (RAG), delivering domain-specific coding support to maximize value from OpenEdge data and applications BURLINGTON, Mass., Sept. 29, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced early customer review and testing of the a purpose-built integration designed to accelerate development and modernization fo...
Progress Software Delivers AI-Powered Threat Detection and Incident Response for Organizations to Defend Against Evolving Cyberthreats New release of Flowmon ADS simplifies threat detection and response, giving organizations faster insights, clearer guidance and stronger protection—without needing deep security expertise BURLINGTON, Mass., Sept. 23, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the release of , its advanced anomaly detection system. This latest version introduces powerful AI-dr...
Progress Software Expands AI Coding Assistants Across Telerik and Kendo UI Libraries—Helping Developers Extend Productivity Up to 30% Specialized AI coding assistants are now available for most UI libraries, reporting and styling tools, providing deep context to popular AI-powered IDEs and helping developers automate more and deliver faster BURLINGTON, Mass., Sept. 18, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced a major expansion of its AI-powered developer capabilities in the Q3 2025 release...
Progress Federal Solutions Delivers Trusted AI-Powered Innovation for the U.S. Government, Defense and Public Sector Wholly owned subsidiary of Progress Software combines federal expertise with advanced AI technologies to accelerate digital transformation and mission success WASHINGTON, Sept. 15, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the launch of a wholly owned subsidiary established to serve the specialized needs of U.S. federal, defense and public sector organizations. Unveiled at ...
Progress Software to Report Third Quarter 2025 Financial Results on September 29, 2025 BURLINGTON, Mass., Sept. 15, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it will release financial results for its fiscal third quarter of 2025 after the market close on Monday, September 29, 2025. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. The company’s third quarter of fiscal year 2025 ended on August 31, 2025. Conference Call DetailsA live we...
Progress Software Unveils Breakthrough SaaS RAG Platform Designed to Make Trustworthy and Verifiable Generative AI Accessible Across Organizations of all Sizes Following its acquisition of Nuclia, Progress introduces the easiest-to-use, RAG-as-a-Service platform—empowering companies to transform unstructured data into actionable intelligence using trustworthy GenAI BURLINGTON, Mass., Sept. 10, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the launch of , a SaaS Retrieval-Augmented Generation (R...
Progress Software Announces General Availability of MarkLogic Server 12 and Breakthrough Results with Semantic RAG Progress’ semantic and graph RAG approach—featuring MarkLogic Server 12—delivers 33% higher LLM accuracy and faster discovery for customers LAS VEGAS, Aug. 12, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced at the general availability of . This latest release introduces advanced semantic search and graph Retrieval-Augmented Generation (RAG) capabilities, empowering organizations to...
Progress Software to Present at Ai4 2025 in Las Vegas Company to showcase real-world AI applications and data innovation at premier AI event BURLINGTON, Mass., Aug. 08, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced its participation at , North America’s largest artificial intelligence industry conference, taking place August 11–13 at the MGM Grand in Las Vegas. Philip Miller, AI Strategist at Progress, will deliver a featured presentation titled: Trusted AI: Unlock Data Value Date: August 12,...
Progress Software Announces Amended Credit Facility New $1.5B facility will support continued growth and provide greater scale and flexibility BURLINGTON, Mass., July 22, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it has entered into a Fifth Amended and Restated Credit Agreement (the “Amended Credit Agreement”), which, among other things, increased the company’s revolving credit facility from $900 million to $1.5 billion and extended the maturity date to July 31, 2030. The Amended Cred...
Progress Software Announces Second Quarter 2025 Financial Results Annualized Recurring Revenue ("ARR") of $838 million Grew 46% year-over-yearRevenue of $237 million Grew 36% year-over-yearRaises Full Year Guidance for Revenue, Operating Margin, Earnings Per Share, and Cash FlowAcquires Agentic RAG AI Company BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal second quarter ended May 31, 2025. Second Quarter 2025 Highligh...
Progress Software Acquires Nuclia, an Innovator in Agentic RAG AI Technology Company adds easy-to-use agentic RAG-as-a-service product for organizations to automate and retrieve verifiable, high-quality AI search and generative answers BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the acquisition of , an innovator in agentic Retrieval-Augmented Generation (RAG) AI solutions. Nuclia provides a unique agentic RAG-as-a-service product enabling organizations to automatic...
New Progress Semaphore Release Unleashes AI to Drive Smarter Enterprise Knowledge Management Latest Semaphore platform release enhances user productivity, knowledge modeling and support for semantic compliance standards to drive data value and foster business success BURLINGTON, Mass., June 25, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the latest release of , its metadata management and semantic AI platform. This release delivers powerful new features and enhancements designed to maximize...
Progress Software CEO Yogesh Gupta Named an EY US Entrepreneur Of The Year® 2025 New England Award Winner Visionary CEO recognized for bold leadership, strategic growth, accelerated AI innovation and long-term stakeholder value creation BURLINGTON, Mass., June 18, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that CEO Yogesh Gupta has been named an Entrepreneur Of The Year® 2025 New England Award winner by . The prestigious program recognizes visionary leaders of companies who are driving innov...
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