Progress Software Corporation (PRGS) M&A Call Transcript

Progress Software Corporation ( PRGS ) M&A Call July 22, 2026 5:00 PM EDT Company Participants Michael Micciche - Senior Vice President of Investor Relations Anthony Folger - Executive VP, CFO & Treasurer Yogesh Gupta - CEO, President & Director Conference Call Participants Lawrence Vensko - Guggenheim Securities, LLC, Research Division Eric Martinuzzi - Lake Street Capital Markets, LLC, Research Division Lucky Schreiner - D.A. Davidson & Co., Research Division Nolan Bruce Jenevein - Oppenheimer & Co. Inc., Research Division Operator Good day, and welcome to the Progress Software to acquire Domo's AI and Data Platform Business Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, Mr. Mike Micciche, Senior Vice President of Investor Relations. Please go ahead. Michael Micciche Senior Vice President of Investor Relations Okay. Great. Thanks, Sherry. Good afternoon, everybody, and thank you for joining us today. Yogesh Gupta, our CEO; and Anthony Folger, our CFO, are on the call with me today. As you likely saw, Progress just announced our proposed acquisition of Domo's AI and data platform business. You can find the press release on the Investor Relations section of our website at investors.progress.com, along with a supplemental slide deck. Before we get started, we need to remind you that during this call, we may make forward-looking -- discuss forward-looking items, including our outlook perspective, financial and operating performance, corporate strategies, product plans, cost initiatives and other information that might be considered forward-looking, including the timing and potential results associated with our proposed acquisitions. This forward-looking information represents Progress Software's outlook and the potential impact of Domo's AI and data platform acquisition only as of today, and is subject to risks and uncertainties, and the actual results may differ. Please review the safe harbor