Progress Software Corporation reported earnings results for the second quarter and six months ended May 31, 2022. For the second quarter, the company reported revenue was USD 148.75 million compared to USD 122.49 million a year ago. Net income was USD 29.11 million compared to USD 13.56 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to USD 0.31 a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to USD 0.3 a year ago.
For the six months, revenue was USD 293.67 million compared to USD 243.77 million a year ago. Net income was USD 49.56 million compared to USD 32.52 million a year ago. Basic earnings per share from continuing operations was USD 1.13 compared to USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 1.11 compared to USD 0.73 a year ago.