Progress Software Lowers FY2026 GAAP EPS Guidance from $1.60-$1.74 to $1.18-$1.28 vs $1.63 Est; Raises FY2026 Sales Guidance from $990.000M-$1.002B to $1.044B-$1.052B

Progress Software (NASDAQ:PRGS) lowers FY2026 GAAP EPS guidance from $1.60-$1.74 to $1.18-$1.28 vs $1.63 analyst estimate. Raises FY2026 sales outlook from $990.000 million-$1.002 billion to $1.044 billion-$1.052 billion.