#prgs Tech News.
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TechSeeking Alpha2 days ago
Progress Software: Deleveraging Is The Key To A ReratingProgress Software trades at a deep discount, reflecting weak organic growth and significant leverage. Management guides for $263, $275 million in adjusted free cash flow for FY2026 and $250 million in debt repayment. The stock is rated a hold, pending clearer SaaS reporting and further debt reduction.
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