PRGS PROGRESS SOFTWARE CORP /MA

Q3 2025 10-Q
Filed: Sep 29, 2025Period ending Aug 31, 2025
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

PROGRESS SOFTWARE CORP /MA (PRGS) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Sep 29, 2025 for the fiscal period ending Aug 31, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Risk Factors

  • New litigation risk from May 28, 2023 MOVEit Vulnerability, including ongoing MDL with partial claim dismissals and pending court reconsideration motion
  • Updated legal expense risk from MOVEit Vulnerability, costs partially offset by insurance coverage as per Note 12 on Cyber Related Matters
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