Progress Software Q1 Profit Increases; Updates FY Outlook

(RTTNews) – Progress Software (PRGS), a provider of AI-powered digital experience and infrastructure software, reported that its net income for its fiscal first quarter ended February 28, 2026 increased to $22.81 million or $0.53 per share from $10.95 million or $0.24 per share last year. Non-GAAP earnings per share was $1.60 compared to $1.