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Progress Software beats Q3 EPS estimates but slightly misses revenue forecast.

Company Fundamentals
02 Oct 2026
Alex Lavoie
View Source
Bullish
Progress Software beats Q3 EPS estimates but slightly misses revenue forecast.

Progress Software reported Q3 2026 earnings per share of $1.69, beating the estimate of $1.52, driven by 13% growth in non-GAAP EPS and improved operational efficiency. However, revenue came in slightly below expectations at $246 million versus the $247.3 million estimate. The company showed strong annual recurring revenue of $873 million with stable customer retention and improved operating margins and free cash flow, indicating solid business health despite the minor revenue miss. This performance suggests resilience and potential for continued growth in future quarters.

Progress Software's Q3 2026 earnings report shows EPS of $1.69, beating estimates despite a slight revenue miss. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 04, 2026 02:31 WIB: out of 150 priced US tech stocks, 75 rose and 74 fell. Notable movers include ACN at USD 198.90 with a 1-day change of -6.31% and 91% buy order activity, ASX at USD 47.45 up 6.08% with 100% buy orders, and AEHR at USD 107.21 up 5.52% but 100% sell orders. Typical hold times vary from 15 to 129 days among these stocks.

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