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Progress Software Posts Upbeat Q4 Earnings, Joins ServisFirst Bancshares, Zura Bio And Other Big Stocks Moving Higher On Wednesday - American Resources (NASDAQ:AREC), ARM Holdings (NASDAQ:ARM)
Benzinga· 2026-01-21 23:19
U.S. stocks were higher, with the Dow Jones gaining around 350 points on Wednesday.Shares of Progress Software Corp (NASDAQ:PRGS) rose sharply during Wednesday's session after the company reported better-than-expected fourth-quarter adjusted EPS results and issued first-quarter guidance above estimates. Also, the company issued FY26 guidance above estimates.Progress Software reported quarterly earnings of $1.51 per share, which beat the Street estimate of $1.31. Quarterly revenue came in at $252.67 million, ...