Progress Software Corporation, Q2 2011 - Earnings Transcript

Aditi IT Consultancy Services, June 2011, Pages: 11

This transcript is about Progress Software Corportaion Second Quarter 2011 Earnings.

Progress Software (NYSE: PRGS) is a global software company providing leading solutions for enterprise integration, data interoperability and application development, including SaaS enablement and delivery in the cloud. Progress Software was founded as Data Language in 1981 and changed its moniker to Progress Software in 1987. Progress products and technology are used by nearly 140,000 organizations in more than 180 countries, including 70% of the Fortune 100.

Its current market cap is $ 1.70 billion and EPS is 1.02. The company has recently organised a teleconference to announce its Second Quarter 2011 Earnings on June 29, 2011 at 09:00 a.m. EDT.

From the Management, Tom Barth, Vice President, Investor Relations, Richard D. Reidy, President and Chief Executive Officer and Charles Wagner, Executive Vice President, Finance & Administration and Chief Financial Officer hosted the conference and answered investors and analyst queries. The conference went on for 22 minutes and the entire transcription is available now.

Management Participants

Tom Barth, Vice President, Investor Relations
Richard D. Reidy, President and Chief Executive Officer
Charles Wagner, Executive Vice President, Finance & Administration and Chief Financial
Officer

Call Participants

Steve Koenig, Longbow
Brian Murphy, Sidoti & Company
Mark Schappel, Benchmark Company
David Romanelli, Needham

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