Progress Software Corporation reported earnings results for the third quarter and nine months ended August 31, 2022. For the third quarter, the company reported revenue was USD 151.22 million compared to USD 147.42 million a year ago. Net income was USD 21.8 million compared to USD 30.98 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.71 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 0.7 a year ago.
For the nine months, revenue was USD 444.89 million compared to USD 391.19 million a year ago. Net income was USD 71.36 million compared to USD 63.49 million a year ago. Basic earnings per share from continuing operations was USD 1.64 compared to USD 1.45 a year ago. Diluted earnings per share from continuing operations was USD 1.61 compared to USD 1.43 a year ago.