04:40 PM EST, 01/21/2025 (MT Newswires) -- Progress Software ( PRGS ) reported fiscal Q4 non-GAAP earnings late Tuesday of $1.33 per diluted share, up from $1.02 a year earlier.

Analysts surveyed by FactSet expected $1.21.

Revenue for the quarter ended Nov. 30 was $215.0 million, up from $177.5 million a year earlier.

Analysts polled by FactSet expected $211.3 million.

The company said it expects fiscal Q1 non-GAAP EPS of $1.02 to $1.08 on revenue between $232 million and $238 million. Analysts surveyed by FactSet expect $1.41 and $235.7 million, respectively.

For fiscal year 2025, the company expects non-GAAP EPS between $5 and $5.12 on revenue between $958 million and $970 million. Analysts polled by FactSet expect $5.62 and $944.7 million, respectively.

Shares of Progress Software ( PRGS ) were down 4.8% in recent after-hours activity.

Price: 60.50, Change: -3.02, Percent Change: -4.75