Progress Software Corp. (NASDAQ: PRGS) reported better-than-expected earnings for the second quarter of fiscal 2025, underscoring its resilience in the application development and digital experience landscapes.

Q2 Snapshot: Earnings Beat, Steady Revenue

• Earnings Per Share (EPS): $1.40 (vs. $1.30 estimate)

• Revenue: $237 million (in line with the consensus at $237.53 million)

Despite revenue slightly missing consensus expectations, the earnings beat highlighted the company’s ability to enhance operating margins and manage expenses effectively.

Q3 2025 Guidance

Progress provided forward-looking guidance for Q3 EPS in the range of $1.28–$1.34, compared to the analyst consensus of $1.30. This guidance indicates sustained strength in enterprise demand for low-code development tools and digital experience platforms.

Stock Performance

• Last 3 Months: +10.09%

• Last 12 Months: +19.22%

The company has experienced six positive EPS revisions alongside just one negative over the past 90 days, signifying growing analyst confidence in its business prospects.

Relevant APIs for Monitoring Fundamentals & Revisions

To track companies like Progress that attract analyst attention and display consistent earnings performance, these APIs are highly beneficial:

Earnings Historical API

Access:

• Past EPS and revenue performance data

• History of beat/miss outcomes

• Pre- and post-market movement trends

This tool is useful in tracking consistency in delivering unexpected earnings outcomes over time.

Up/Down Grades by Company API

Track:

• Analyst upgrades and downgrades

• Rating momentum

• Impact of guidance on market sentiment

This powerful tool aids in evaluating how the market interprets updated outlooks.

Bottom Line

Progress Software’s solid earnings beat and stable guidance showcase its consistent execution amidst a volatile tech space. With improving analyst sentiment and a healthy stock return over the past year, PRGS is capturing investor attention for all the right reasons.

For earnings-focused investors, keeping a close watch on guidance trends and revision data is crucial. Progress is delivering compelling results on both fronts.