04:15 PM EDT, 09/29/2025 (MT Newswires) -- Progress Software ( PRGS ) reported fiscal Q3 adjusted earnings late Monday of $1.50 a share, up from $1.26 a year earlier.

Analysts polled by FactSet expected $1.30.

Revenue in the three months ended Aug. 31 rose to $249.8 million from $178.7 million a year earlier.

Analysts surveyed by FactSet expected $240.1 million.

The company expects fiscal Q4 EPS of $1.29 to $1.35 on revenue of $250 million to $256 million. Analysts expect EPS of $1.32 on revenue of $251.8 million.

The company increased fiscal 2025 guidance to EPS of $5.50 to $5.56, up from $5.28 to $5.40, on revenue of $975 million to $981 million, up from $962 million to $974 million. Analysts expect EPS of $5.33 on revenue of $967.2 million.

Progress shares rose 5.8% in after-hours trading.