Progress Software Corp. (PRGS). The business software maker reported second quarter adjusted earnings of 21 cents per share on revenue of $114.6 million. Due to continued anticipated disruption, the company is not providing guidance for the third quarter ending August 31, 2012. For fourth-quarter it expects core revenue to be in the range of $90 to $95 million.
Try to read this earnings release....Unbelievably inconsistent...No guidance for next quarter (Q3), but guidance for Q4...What??? I see this one heading MUCH lower.
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