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4-Traders Homepage  >  Equities  >  Nasdaq  >  Progress Software Corporation    PRGS

PROGRESS SOFTWARE CORPORATION (PRGS)
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Business Summary
Logo Progress Software Corporat
Develops real-time data management software

Progress Software Corp. engages in the provision of a platform, which develops and deploy mission-critical business applications.

It operates through the following business segments: OpenEdge Business; Data Connectivity and Integration; and Application Development and Deployment.

The OpenEdge Business segment provides product enhancements and marketing supports for the partners to sell more of its existing solutions to their customers.

The Data Connectivity and Integration segment focuses on the growth of the data assets of the company, including its data integration components of the cloud offering.

The Application Development and Deployment segment generates net new customers for the application development assets of the company.

The company was founded by Joseph Wright Alsop, Clyde Kessel and Charles Arthur Ziering in 1981 and is headquartered in Bedford, MA.

Number of employees : 1 470 persons.
Sales per Businesses
20162017Delta
USD (in Million)%USD (in Million)%
OpenEdge276.2768.2%276.1769.5% -0.03%
Application Development and Deployment81.0720%80.4520.2% -0.76%
Data Connectivity and Integration48.0111.8%40.9610.3% -14.69%
Sales per Regions
20162017Delta
USD (in Million)%USD (in Million)%
United States212.3152.4%206.4551.9% -2.76%
EMEA130.8232.3%130.3632.8% -0.35%
Asia Pacific24.166%22.115.6% -8.49%
Latin America21.165.2%21.165.3% +0.01%
Canada16.894.2%17.494.4% +3.56%
Managers
NameAgeSinceTitle
Yogesh K. Gupta-2016Chief Executive Officer & Director
John Richard Egan602011Non-Executive Chairman
Paul A. Jalbert612012CFO & Principal Accounting Officer
Dmitri Tcherevik-2017Chief Technology Officer
Tony Murphy--Chief Information Technology
Michael L. Mark721987Lead Independent Director
Charles Francis Kane MBA, CPA602006Independent Director
David A. Krall, MBA582008Independent Director
Paul T. Dacier612016Independent Director
Rainer Gawlick, PhD502016Independent Director
Equities
Vote QuantityFloatCompany-owned sharesTotal Float
Share A 1 45,462,237 44,296,095 97.4% 0 0.0% 97.4%
Shareholders
NameEquities%
BlackRock Fund Advisors 5,666,800 12.2%
The Vanguard Group, Inc. 4,542,479 9.79%
Dimensional Fund Advisors LP 1,794,520 3.87%
JPMorgan Investment Management, Inc. 1,392,347 3.00%
SSgA Funds Management, Inc. 1,314,887 2.83%
Norges Bank Investment Management 1,270,858 2.74%
Numeric Investors LLC 1,105,755 2.38%
Renaissance Technologies LLC 988,000 2.13%
Northern Trust Investments, Inc. 945,779 2.04%
Fisher Asset Management LLC 901,927 1.94%
Company contact information
Progress Software Corp.
14 Oak Park Drive
Bedford, MA 01730-1414

Phone : +1.781.280.4000
Fax : +1.781.280.4949
Web : www.progress.com
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