Progress Soft Stock Price, News & Analysis

Progress Software (NASDAQ: PRGS) has launched Flowmon ADS 12.5, an enhanced version of its anomaly detection system featuring advanced AI-powered capabilities. The release focuses on simplifying threat detection and incident response for organizations, particularly targeting mid-sized enterprises facing cybersecurity challenges.

The update introduces several key features including AI-powered threat briefings, expert-level recommendations, enhanced event visualization, and streamlined incident response workflows. These improvements aim to address common challenges such as increasing network traffic, alert fatigue, and sophisticated cyber attacks while reducing mean time to response (MTTR).

Progress Software (Nasdaq: PRGS) has announced a significant expansion of AI-powered developer capabilities in its Q3 2025 release of Telerik and Kendo UI toolsets. The company is extending its AI Coding Assistants across all major UI component libraries, including support for ASP.NET Core, WPF, WinForms, .NET MAUI, and Angular, as well as Telerik Reporting and Progress Document Processing.

The AI Coding Assistants integrate with popular AI solutions like GitHub Copilot, Claude Code, and Cursor, providing context-aware code generation that has helped early adopters achieve up to 30% productivity gains. The update also includes new AI capabilities in ThemeBuilder for theme creation using conversational prompts, and enhanced AI features for end-users such as Conversational UI, Inline AI Prompt, and AI-powered Data Grid functionality.

Progress Software (Nasdaq: PRGS) has launched Progress Federal Solutions, a new subsidiary focused on serving U.S. federal, defense, and public sector organizations. The announcement was made at the Progress Data Platform Summit in Washington, D.C.

The subsidiary leverages Progress Software's technology portfolio, including the Progress Data Platform, which combines AI and semantic technologies for data management. Key offerings include Automated Semantics, Progressive Graphs, and Progressive Vectors. The solution suite also features Sitefinity, Chef, LoadMaster, and MOVEit products.

Progress Federal Solutions builds upon the foundation of MarkLogic, which Progress acquired in 2023, and will be distributed in the public sector through Carahsoft Technology Corp.

Progress Software (NASDAQ: PRGS), a provider of AI-powered digital experience and infrastructure software, has scheduled its fiscal Q3 2025 earnings release for September 29, 2025, after market close. The fiscal quarter ended on August 31, 2025.

The company will host a conference call at 5:00 p.m. ET on the same day to discuss the results. Participants are encouraged to join 15 minutes before the scheduled start time. A webcast will be available, and supporting materials will be posted on Progress Software's Investor Relations webpage following the call.

Progress Software (Nasdaq: PRGS) has launched Progress® Agentic RAG, a breakthrough SaaS Retrieval-Augmented Generation platform following its Nuclia acquisition. The platform transforms unstructured data into actionable intelligence using trustworthy GenAI, making AI technology accessible to organizations of all sizes.

The platform features no-code RAG pipeline, intelligent multilingual search, AI agent deployment, multi-model integration, and built-in RAG Evaluation Metrics (REMi). Built on NucliaDB, it supports all leading enterprise LLMs and offers comprehensive search capabilities including semantic, keyword, and knowledge graph traversal.

Progress Agentic RAG is available on AWS Marketplace and Progress.com, with pricing starting at $700/month. The platform is already being utilized across industries for AI-driven product recommendations, customer support, and legal research.

Progress Software (Nasdaq: PRGS) has announced the general availability of MarkLogic Server 12, featuring advanced semantic search and graph Retrieval-Augmented Generation (RAG) capabilities. The new release enables organizations to ground generative AI in their trusted data, delivering more accurate and secure results.

Early adopters have reported significant improvements, including an average 33% increase in LLM response accuracy. Notable customer successes include CAS reducing content delivery timeline from 18 months to 90 days, and various organizations achieving accuracy improvements ranging from 70% to 95% in financial services and 50% to 90% in agribusiness sectors.

The announcement was made at Ai4 2025 in Las Vegas, where Progress is showcasing its semantic search and graph RAG approach.

Progress Software (NASDAQ:PRGS) announced its participation at Ai4 2025, North America's largest artificial intelligence industry conference, scheduled for August 11-13 at the MGM Grand in Las Vegas.

Philip Miller, AI Strategist at Progress, will deliver a presentation titled "Trusted AI: Unlock Data Value" on August 12, 2025, at 2:35 PM PT. The session will focus on connecting generative AI to proprietary data using retrieval-augmented generation (RAG). Attendees can visit Progress at Booth #503 to learn about the Progress® Data Platform and its capabilities in data unification and governance.

Progress Software (Nasdaq: PRGS) has secured a Fifth Amended and Restated Credit Agreement, expanding its revolving credit facility from $900 million to $1.5 billion with an extended maturity date to July 31, 2030.

The new facility replaces the company's existing secured credit facility, with $660 million in revolving credit loans remaining outstanding as of the closing date. According to CFO Anthony Folger, this enhanced credit facility will support Progress' Total Growth Strategy through additional accretive acquisitions.

JPMorgan Chase Bank, Citibank, and Wells Fargo Bank are among the key financial institutions involved in the agreement as lead arrangers and agents.

Progress Software (NASDAQ: PRGS) reported strong financial results for Q2 2025, with significant growth across key metrics. The company achieved revenue of $237 million, up 36% year-over-year, and Annualized Recurring Revenue (ARR) of $838 million, representing 46% growth. Non-GAAP operating margin improved to 40%, while diluted earnings per share increased to $0.39 (GAAP) and $1.40 (non-GAAP).

The company announced the acquisition of Nuclia, an agentic Retrieval-Augmented Generation (RAG) AI solutions provider, to enhance its Data Platform capabilities. The acquisition, while strategically important, is described as immaterial to Progress' financials.

Based on strong performance, Progress raised its full-year 2025 guidance, now expecting revenue between $962-$974 million, non-GAAP operating margin of 38-39%, and non-GAAP diluted earnings per share of $5.28-$5.40. The company also reported significant progress in debt reduction, paying down $40 million of its revolving credit facility in Q2.