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Progress Software Corporation (PRGS) Q3 2025 Earnings Call Transcript

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Operator

Hello, and thank you for standing by. Welcome to Progress Software Third Quarter 2025 Earnings Conference Call. [Operator Instructions]. I would now like to hand the conference over to Michael Micciche, you may begin.

Michael Micciche
Senior Vice President of Investor Relations

Okay. Thank you, Towanda. Good afternoon, everyone, and thanks for joining us for Progress Software’s Third Fiscal Quarter 2025 Financial Results Conference Call. With me this afternoon are our President and CEO, Yogesh Gupta; and our Chief Financial Officer, Anthony Folger.

Before we get started, let me go over our safe harbor statement. During this call, we will discuss our outlook for future financial and operating performance, corporate strategies, product plans, cost initiatives, our integration of ShareFile and other information that might be considered forward-looking. Such forward-looking information represents Progress Software’s outlook and guidance only as of today and is subject to risks and uncertainties, and our actual results may differ materially. For a description of the factors that may affect our future results and operations, please refer to the risk factors in our SEC filings, particularly the Risk Factors section of our most recent Form 10-K and 10-Q. Progress assumes no obligation to update forward-looking statements included in this call.

Additionally, please note that all financial figures referenced in the call are non-GAAP measures unless otherwise indicated. You can find a reconciliation of these

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