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Progress Software GmbH Christophstr. 15-17 50670 Köln, Germany http://www.progress.com
Contact Ms Heike Braches +49 89 74130540
Company logo of Progress Software GmbH
Progress Software GmbH

Progress Software Announces 2009 Fourth Quarter Results

Earnings Up in Q4; Progress Actional Revenue Up with Triple-Digit Growth; Progress Apama Revenue Up with Double-Digit Growth

(PresseBox) (Köln, )
Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, today announced results for its fourth quarter ending November 30, 2009. On a generally accepted accounting principles (GAAP) basis, revenue for the quarter was $136.8 million, down 2 percent (5 percent at constant currency) from $139.4 million in the fourth quarter of fiscal 2008. On a non-GAAP basis, revenue totaled $136.9 million, representing a 4 percent decrease (7 percent at constant currency) over the year ago period. Software license revenue decreased 7 percent (10 percent at constant currency) to $52.0 million from s99.8 hmygzoi dx lju wxsr zwrflfp rlxt sfip.

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