Progress Software Corporation reported earnings results for the fourth quarter and full year ended November 30, 2023. For the fourth quarter, the company reported revenue was USD 176.97 million compared to USD 157.13 million a year ago. Net income was USD 15.34 million compared to USD 23.71 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.55 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.54 a year ago.
For the full year, revenue was USD 694.44 million compared to USD 602.01 million a year ago. Net income was USD 70.2 million compared to USD 95.07 million a year ago. Basic earnings per share from continuing operations was USD 1.62 compared to USD 2.19 a year ago. Diluted earnings per share from continuing operations was USD 1.57 compared to USD 2.15 a year ago.