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Revenue was $91.3 million, essentially flat on a constant currency basis year over year, or down 2% using actual exchange rates, and excludes $30.5 million and $42.8 million of revenue from discontinued operations in the current quarter and same quarter last year, respectively;
Income from operations was $16.9 million compared to $28.4 million in the same quarter last year;
Income from continuing operations was $11.6 million compared to $17.2 million in the same quarter last year;
Diluted earnings per share from continuing operations was $0.18 compared to $0.27 in the same quarter last year; and
Non-GAAP diluted earnings per share from continuing operations was $0.23 compared to $0.36 in the same quarter last year.
Core revenue was $91.3 million, essentially flat to the same quarter last year on a constant currency basis, or a decrease of 2% using actual exchange rates;
Core income from operations was $27.2 million compared to $42.7 million in the same quarter last year; and
Operating margin for the Core segment was 30%.
The following information was filed by Progress Software Corp Ma (PRGS) on Thursday, January 3, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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