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 2,815 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.
Follow-Up Questions
What is Progress Software Corp (PRGS)'s P/E Ratio?
The P/E ratio of Progress Software Corp is 26.4301
Who is the CEO of Progress Software Corp?
Mr. Yogesh Gupta is the President of Progress Software Corp, joining the firm since 2016.
What is the price performance of PRGS stock?
The current price of PRGS is $45.33, it has increased 0.37% in the last trading day.
What are the primary business themes or industries for Progress Software Corp?
Progress Software Corp belongs to Technology industry and the sector is Information Technology
What is Progress Software Corp market cap?
Progress Software Corp's current market cap is $1.9B
Is Progress Software Corp a buy, sell, or hold?
According to wall street analysts, 8 analysts have made analyst ratings for Progress Software Corp, including 5 strong buy, 4 buy, 3 hold, 0 sell, and 5 strong sell
