Despite a lack of organic growth as it operates a mature business, the company has come up with a growth strategy. Growth for shareholders occurs mainly through accretive acquisitions and share buybacks, and this strategy is working. Q1 results and guidance surprised on the upside but the shares are likely to have to digest last […]
Progress Software Shares Jump, What’s Next?
April 9th, 2019 · Comments Off on Progress Software Shares Jump, What’s Next?
Tags: PRGS
Should You Buy Progress Software?
December 17th, 2018 · Comments Off on Should You Buy Progress Software?
Revenue growth has been stagnating for some time and there are still no visible signs their growth strategy is working. We will know more about the latter when the company provides their 2019 outlook next quarter, and this could be a turning point. The company does enjoy fantastic margins and produces substantial free cash flows, […]
Tags: PRGS