|
|
Article: Progress Software Reports Third Quarter Results.
- Article from:
- Business Wire
- Article date:
- September 16, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
BEDFORD, Mass.--(BUSINESS WIRE)--Sept. 16, 2003
Revenue, Operating Income and EPS All Show Double Digit Increases
Progress Software Corporation (Nasdaq: PRGS), a supplier of leading technology to develop, deploy, integrate and manage business applications, today announced results for its third quarter ended August 31, 2003. Revenue for the quarter was $77.7 million, up 13 percent (6 percent at constant currency) from $69.0 million in the third quarter of 2002. Software license revenue was $27.2 million, up 19 percent (13 percent at constant currency) from $22.8 million in the same quarter last year. Operating income increased 37 ...