Progress Software Corp (NAS:PRGS)
$ 64.77 0.83 (1.3%) Market Cap: 2.78 Bil Enterprise Value: 3.32 Bil PE Ratio: 34.64 PB Ratio: 6.53 GF Score: 92/100

Q1 2022 Progress Software Corp Earnings Call Transcript

Mar 29, 2022 / 09:00PM GMT
Release Date Price: $46.2 (+3.24%)
Operator

Welcome to the Progress Software Corporation Q1 2022 Earnings Call. My name is Darryl, and I will be your operator for today's call. (Operator Instructions)

I will now turn the call over to Mike Micciche. Mike, you may begin.

Michael Micciche
Progress Software Corporation - VP of IR

Okay. Thank you, Darryl. Good afternoon, everyone, and thanks for joining us for Progress Software's First Quarter Fiscal 2022 Financial Results Conference Call. With us today is Yogesh Gupta, President and Chief Executive Officer; and Anthony Folger, our Chief Financial Officer.

Before we get started, I'd like to remind you that during this call, we will discuss our future financial and operating performance, corporate strategies, product plans, cost initiatives, our acquisition of Kemp, the impact of the COVID-19 pandemic on our business and other information that might be considered forward-looking. This forward-looking information represents Progress Software's outlook and guidance only as of today and is subject to risks and uncertainties. For a description

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