Progress Software Corp (PRGS) Earnings

Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. The company is headquartered in Burlington, Massachusetts and currently employs 2,801 full-time employees. The firm provides software products that enable its customers to develop, deploy and manage responsible AI-powered applications and digital experiences. The company also offers retrieval-augmented generation (RAG) -as-a-service products, enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI. Its products include Sitefinity, Corticon, MOVEit, ShareFile, Podio, Kendo UI, Telerik, Kemp LoadMaster, Flowmon, WhatsUp Gold, Chef Infrastructure Management, Chef Desktop, Chef App Delivery, MarkLogic, Semaphore, OpenEdge, DataDirect Connectors, Hybrid Data Pipeline, OpenAccess, and MOVEit Cloud. Corticon is a decision automation platform that transforms user experiences by streamlining and automating complex business rules without having to code.