Name | Value |
---|---|
Revenues | 238.0M |
Cost of Revenue | 46.2M |
Gross Profit | 191.8M |
Operating Expense | 159.4M |
Operating I/L | 32.4M |
Other Income/Expense | -19.1M |
Interest Income | 0.5M |
Pretax | 13.3M |
Income Tax Expense | 2.4M |
Net Income/Loss | 10.9M |
Progress Software Corporation develops and offers a range of business applications and software solutions. Its products include OpenEdge, a development software for building multi-language applications; developer tools for user interface development and automated application testing; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system; DataDirect Connect for data connectivity; MOVEit for secure file transfers; Chef for infrastructure automation; WhatsUp Gold for network monitoring; Kemp LoadMaster for load balancing solutions; and Kemp Flowmon for network performance monitoring. The company generates revenue by selling these products to end users, independent software vendors, original equipment manufacturers, and system integrators.