Reports Q2 revenue $178.3M, consensus $169.78M.Annualized Recurring Revenue of $569M increased 19% year-over-year on a constant currency basis. “”Progress had another terrific quarter in Q2, and we are very pleased with our results,” said Yogesh Gupta, CEO at Progress. “Execution in the field remains strong, and consistent demand across nearly all products in all geographies again contributed to a solid beat in revenues and EPS. ARR and net retention remain on a positive trend, the MarkLogic integration is on course, and we continue to evaluate potential M&A targets.”
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