Latest IT News » Business It News » Progress Software with increased quarterly earnings

Progress Software with increased quarterly earnings

The provider of technologies for the development of business applications, Progress Software has released its financial results for the third quarter, the year ended 31 Ended August 2004. In the third quarter of this fiscal year the company achieved a turnover of 89.3 million dollars. This represents an increase of 15 percent (ten percent under the assumption of constant exchange rates) compared to the same period.

The net profit was 8.5 million dollars and could be increased by 16 percent over the previous year. The revenues from software licenses grew by 21 percent (16 percent under the assumption of constant exchange rates) to a total of $ 32.9 million.

The latest news from "Business It News"

German Telekom launches promotion program in Berlin for start-ups

German Telekom launches promotion program in Berlin for start-ups

The provider of technologies for the development of business applications, Progress Software has released its financial results for the third quarter, the year ended 31 Ended August 2004. In the third quarter of this fiscal year the company achieved a turnover of 89.3 million dollars. This represents an increase of 15 percent (ten percent under [...]

Attribution murderer must tolerate foreign online reporting

Attribution murderer must tolerate foreign online reporting

The provider of technologies for the development of business applications, Progress Software has released its financial results for the third quarter, the year ended 31 Ended August 2004. In the third quarter of this fiscal year the company achieved a turnover of 89.3 million dollars. This represents an increase of 15 percent (ten percent under [...]

RIM has expanded its management team

RIM has expanded its management team

The provider of technologies for the development of business applications, Progress Software has released its financial results for the third quarter, the year ended 31 Ended August 2004. In the third quarter of this fiscal year the company achieved a turnover of 89.3 million dollars. This represents an increase of 15 percent (ten percent under [...]

Micron wants to take over insolvent chip maker Elpida

Micron wants to take over insolvent chip maker Elpida

The provider of technologies for the development of business applications, Progress Software has released its financial results for the third quarter, the year ended 31 Ended August 2004. In the third quarter of this fiscal year the company achieved a turnover of 89.3 million dollars. This represents an increase of 15 percent (ten percent under [...]

Judgment in the Java process: Google infringed Oracle’s copyrights

Judgment in the Java process: Google infringed Oracle’s copyrights

The provider of technologies for the development of business applications, Progress Software has released its financial results for the third quarter, the year ended 31 Ended August 2004. In the third quarter of this fiscal year the company achieved a turnover of 89.3 million dollars. This represents an increase of 15 percent (ten percent under [...]

Lawyers for the Java ruling: “Copyright for APIs is dangerous”

Lawyers for the Java ruling: “Copyright for APIs is dangerous”

The provider of technologies for the development of business applications, Progress Software has released its financial results for the third quarter, the year ended 31 Ended August 2004. In the third quarter of this fiscal year the company achieved a turnover of 89.3 million dollars. This represents an increase of 15 percent (ten percent under [...]

Fortune 500 list: Apple overtakes IBM

Fortune 500 list: Apple overtakes IBM

The provider of technologies for the development of business applications, Progress Software has released its financial results for the third quarter, the year ended 31 Ended August 2004. In the third quarter of this fiscal year the company achieved a turnover of 89.3 million dollars. This represents an increase of 15 percent (ten percent under [...]