You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

mass. mover

Progress Software posts a $3.9m profit in 2d quarter

Progress counts the Foxwoods Resort Casino among its customers.

John Tlumacki/Globe staff/file

Progress counts the Foxwoods Resort Casino among its customers.

Continue reading below

Bedford-based business software maker Progress Software Corp. rose after the company posted a second-quarter profit, turning around from a loss last year, driven mainly by revenue growth and fewer losses from discontinued operations. Progress said it earned a profit of $3.9 million, or 7 cents per share, compared to a loss of $1.9 million, or 3 cents, a year before. Revenue rose to $81.71 million from $74.13 million. In June, Progress agreed to sell its Apama line to Software AG. The sale is expected to close in July.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of