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Progress Software Earnings Beat Estimates, Boosts Forecast

Progress Software Earnings Beat Estimates, Boosts Forecast
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Jun 30th, 2026 Progress Software Earnings Beat Estimates, Boosts Forecast Yogesh Gupta, CEO of Progress Software, said that AI is a big driver for his company as it beat earnings estimates and boosts forecasts for the next quarter. Gupta said that his company can aggregate data for AI in a way that reduces the number of tokens necessary to run AI agents and saves customers money.

Jun 30th, 2026 Progress Software Earnings Beat Estimates, Boosts Forecast Yogesh Gupta, CEO of Progress Software, said that AI is a big driver for his company as it beat earnings estimates and boosts forecasts for the next quarter. Gupta said that his company can aggregate data for AI in a way that reduces the number of tokens necessary to run AI agents and saves customers money. [Image text:] CHANNEL121 SiriusXM ftware Progress Software Corp 32.70 Yogesh Gupta ProgressSoftware CEO 0.88 2.62%
Forecast Yogesh Gupta (PERSON) Progress Software (ORG) AI (ORG) Gupta (PERSON)
Originally published by Bloomberg Markets Read original →