Progress Software Corporation reported earnings results for the second quarter and six months ended May 31, 2024. For the second quarter, the company reported revenue was USD 175.08 million compared to USD 178.25 million a year ago. Net income was USD 16.19 million compared to USD 12.09 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.27 a year ago.
For the six months, revenue was USD 359.76 million compared to USD 342.48 million a year ago. Net income was USD 38.83 million compared to USD 35.76 million a year ago. Basic earnings per share from continuing operations was USD 0.89 compared to USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 0.87 compared to USD 0.81 a year ago.