Progress Software Says Has No Intention To Make Offer For MariaDB
$MRDB
$PRGS
Computer Software: Prepackaged Software
Technology
Computer Software: Prepackaged Software
Technology
Progress Software Says Has No Intention To Make Offer For MariaDB
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 3/28/2024 | $65.00 | Buy | DA Davidson | |
| 1/24/2023 | $60.00 | Buy | Guggenheim | |
| 9/9/2022 | $52.00 | Hold | Jefferies | |
| 8/12/2022 | $60.00 | Buy | Guggenheim | |
| 10/22/2021 | $60.00 | Overweight | JP Morgan | |
| 8/6/2021 | $48.00 | Neutral | Citigroup | |
| 7/15/2021 | $54.00 | Outperform | Oppenheimer |
8-K - PROGRESS SOFTWARE CORP /MA (0000876167) (Filer)
10-Q - PROGRESS SOFTWARE CORP /MA (0000876167) (Filer)
8-K - PROGRESS SOFTWARE CORP /MA (0000876167) (Filer)
Accomplished industry leader with proven track record in developing people strategies and creating impactful employee experiences for global multi-billion-dollar organizations to enhance award-winning best employer BURLINGTON, Mass., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered infrastructure software, today announced the appointment of Amanda Arria as Chief People Officer (CPO), effective October 28, 2024. In her new role, Arria will be responsible for all aspects of Progress' global People Team function. She joins the Progress executive team, reporting directly to CEO Yogesh Gupta. "Amanda Arria is an exceptional Human Resources professio
Strategic investment aims to accelerate MariaDB's mission to deliver innovative, scalable database solutions with new executive leadership to drive the next phase of growth MANHATTAN BEACH, Calif. and MILPITAS, Calif., and DUBLIN, Sept. 10, 2024 /PRNewswire/ -- K1 Investment Management, LLC ("K1"), one of the largest investors in small-cap enterprise software companies, today announced the completion of its tender offer to acquire 100 percent of the issued ordinary shares of MariaDB plc (NYSE:MRDB) ("MariaDB"), a leader in enterprise database solutions. This strategic investment positions MariaDB to further expand its presence in the enterprise market and continue delivering innovative, scal
Technology finance veteran joins MariaDB for next phase of accelerated cloud revenue growth MariaDB plc (NYSE:MRDB) today announced the appointment of Conor McCarthy as chief financial officer (CFO), effective April 10, 2023. McCarthy, who has over 30 years leading finance organizations at high-growth companies, brings significant experience scaling software-as-a-service (SaaS) businesses. "In my book, the ingredients for scaling a SaaS business are market opportunity, product differentiation and track record of innovation and execution – MariaDB checks all the boxes," says McCarthy. "Having scaled multiple SaaS businesses, I see a phenomenal near-term opportunity for MariaDB in the $74
4 - MariaDB plc (0001929589) (Issuer)
4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)
4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)
4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)
DA Davidson initiated coverage of Progress Software with a rating of Buy and set a new price target of $65.00
Guggenheim resumed coverage of Progress Software with a rating of Buy and set a new price target of $60.00
Jefferies initiated coverage of Progress Software with a rating of Hold and set a new price target of $52.00
Latest Sitefinity release offers out-of-the-box native support for Next.js and Gen AI-powered content workflows--accelerating the delivery of digital experiences BURLINGTON, Mass., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered infrastructure software, today announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®. With this release, Sitefinity introduces native support for Next.js, a React framework, enabling organizations to leverage one of the fastest growing frontend frameworks for developers to create modern, state-of-the-art digital experiences. "Developers want to use their technology of choic
Enduring partnership highlights both companies' dedication to providing cutting-edge cybersecurity solutions for customers throughout the Middle East BURLINGTON, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered infrastructure software, today announced 10 years of partnership with emt Distribution—a leading cybersecurity distributor in the Middle East and Africa. Together, they have empowered hundreds of organizations across the region, spanning sectors such as government, finance, oil and gas and education, to strengthen their security and IT infrastructure. "emt Distribution's deep understanding of the Middle East market and their custo
ShareFile's AI-powered, document-centric collaboration platform expands Progress' industry-leading product portfolio and marks a major milestone in the company's Total Growth Strategy BURLINGTON, Mass., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered infrastructure software, today announced the completion of the acquisition of ShareFile, a business unit of Cloud Software Group, Inc., providing a SaaS-native, AI-powered, document-centric collaboration platform, focusing on industry segments including business and professional services, financial services, industrial and healthcare. "This acquisition marks the latest major milestone in Progress'
Progress Q3'24 Tops High End of EstimatesExpects to Close ShareFile Acquisition in Fiscal 2024 BURLINGTON, Mass., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered infrastructure software, today announced financial results for its fiscal third quarter ended August 31, 2024. Third Quarter 2024 Highlights1: Revenue and non-GAAP revenue of $179 million increased 2% year-over-year on both an actual and a constant currency basis.Annualized Recurring Revenue ("ARR") of $582 million remained relatively flat year-over-year on a constant currency basis.Operating margin was 23% and non-GAAP operating margin was 41%.Diluted earnings per share was $0.65 c
BURLINGTON, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered infrastructure software, today announced that it will release financial results for its fiscal third quarter of 2024 after the market close on Tuesday, September 24, 2024. The company's third quarter of fiscal year 2024 ended on August 31, 2024. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. Conference Call DetailsA live webcast of the conference call will be available here. The webcast will be listen-only, and a replay will be available shortly after the call concludes. To access the conference call by phone, please use t
BURLINGTON, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered infrastructure software, today announced it has entered into a definitive agreement to acquire ShareFile, a business unit of Cloud Software Group, Inc., providing SaaS-native, AI-powered, document-centric collaboration, focusing on industry segments including business and professional services, financial services, healthcare and construction. "Businesses today need to enhance their effectiveness in serving customers, while continuously streamlining their operations to drive efficiency, security and compliance," said Yogesh Gupta, CEO of Progress. "ShareFile fits strategic
Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Progress Software (NASDAQ:PRGS) in the last three months. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 1 0 0 Last 30D 0 1 0 0 0 1M Ago 2 1 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $63.6, with a high estimate of $68.00 and a low estimate of $55.00. A decline of
Wedbush analyst Daniel Ives maintains Progress Software (NASDAQ:PRGS) with a Outperform and raises the price target from $67 to $68.
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