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- Moveit Insurance Coverage Exhausted (worsened) — All cybersecurity insurance for the MOVEit vulnerability has been utilized, so future costs will be borne entirely by the company.
- Moveit Litigation Timeline Extended (worsened) — The MDL is not expected to conclude within the next twelve months, extending the period of legal uncertainty and potential costs.
Progress Software Q3 revenue dips 1.5% to $246.0M, but net income rises 17.3% to $22.8M; Domo acquisition closes for $400M
Filed September 30, 2026 · Period ending August 31, 2026 · Compared to 10-Q Sep 29, 2025 · ~1 min read
Key Changes
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Total revenue fell 1.5% to $246.0M in Q3, driven by timing of multiyear subscription renewals, while nine-month revenue rose 3% on license sales and FX.
MD&A: Revenue verify on EDGAR → -
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Net income rose 17.3% to $22.8M, and diluted EPS increased 25.0% to $0.55, reflecting higher revenue and lower costs.
MD&A: Earnings verify on EDGAR → -
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Operating cash flow for the nine months jumped 54.0% to $265.5M from $172.4M, supporting debt paydown and buybacks.
MD&A: Cash Flow verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 30, 2026 · How we verify