Progress Software Corporation provided earnings guidance for the first quarter ending February 28, 2023 and full year ending November 30, 2023. For the first quarter, the company expects revenue to be in the range of $156 million to $160 million and diluted earnings per share to be in the range of $0.35 to $0.39.

For the full year, the company expects revenue to be in the range of $671 million to $681 million and diluted earnings per share to be in the range of $1.38 to $1.46. GAAP income from operations expected to be in the range of $106.4 million to $110.9 million. GAAP net income expected to be in the range of $61.1 million to $64.6 million.