{
  "id": 11044991,
  "title": "Progress Software Q3 2026 slides: EPS beats, Domo acquisition detailed",
  "url": "https://urgent.news/2026/09/30/progress-software-q3-2026-slides-eps-beats-domo-acquisition-detailed",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-30T22:20:52.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/progress-software-q3-2026-slides-eps-beats-domo-acquisition-detailed-93CH-4926030"
  },
  "original_language": "en",
  "account": "Progress Software (PRGS) reported its third-quarter 2026 financial results on September 30, 2026. The company surpassed earnings per share expectations with $1.69, while maintaining an impressive 43% operating margin. Investors initially reacted cautiously to the Domo acquisition, causing shares to decline by 2.18% after hours. Progress's long-term growth strategy, centered around AI through its Trusted AI Foundation, and disciplined approach to capital allocation were highlighted. The company's revenue was $246 million, with non-GAAP EPS exceeding expectations by 11.18%. Operating margins improved by 300 basis points year-over-year, and ARR grew to $873 million with a steady NRR of 99%. The Domo acquisition closed on September 22, 2026, at a price of $400 million, representing attractive valuations. Despite the integration's temporary impact on margins, Progress expects to recoup in fiscal 2027.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}