Progress Software Sees Q4 GAAP EPS $(0.41)-$(0.32) vs $0.22 Est; Sees Sales $297.000M-$305.000M

Progress Software (NASDAQ: PRGS) has projected a Q4 GAAP EPS in the range of $(0.41) to $(0.32), falling short of the $0.22 analyst estimate. The company anticipates sales between $297 million and $305 million for the quarter.