Progress Software Corporation reported earnings results for the first quarter ended February 29, 2024. For the first quarter, the company reported revenue was USD 184.69 million compared to USD 164.23 million a year ago. Net income was USD 22.64 million compared to USD 23.67 million a year ago.

Basic earnings per share from continuing operations was USD 0.52 compared to USD 0.55 a year ago. Diluted earnings per share from continuing operations was USD 0.51 compared to USD 0.53 a year ago.