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Progress Announces Second Quarter 2021 Financial Results

Progress Announces Second Quarter 2021 Financial Results
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McCormick Reports Strong 2020 Financial Results And Provides Outlook For 2021

McCormick Reports Strong 2020 Financial Results And Provides Outlook For 2021 News provided by Share this article Share this article HUNT VALLEY, Md., Jan. 28, 2021 /PRNewswire/  McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2020. For the fiscal year 2020, sales rose 5% from the prior year, with minimal impact from currency. Significant Consumer segment growth of 10% was partially offset by a low single digit sales decline in the Flavor Solutions segment. Earnings per share increased to $2.78 from $2.62 in 2019. Adjusted earnings per share rose 6% to $2.83 from $2.68. For the fourth quarter, sales increased 5% from the year-ago period. In constant currency, the Company grew sales 4% driven by growth in both segments. Earnings per share decreased to $0.74 from $0.79. Adjusted earnings per share decreased to $0.79 from $0.81 driven by higher brand marketing i

Progress Reports 2020 Fiscal Fourth Quarter and Year End Results

Progress Reports 2020 Fiscal Fourth Quarter and Year End Results Solid Execution Drove Growth and Operating Leverage Acquisition of Chef Bolsters Position in DevOps Market and Drives Fiscal 2021 Revenue Growth BEDFORD, Mass., Jan. 14, 2021 (GLOBE NEWSWIRE) Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy and manage high-impact business applications, today announced results for its fiscal fourth quarter and fiscal year ended November 30, 2020. Fourth Quarter 2020 Highlights: Revenue of $122.4 million increased 5% year-over-year on an actual currency basis, and 4% on a constant currency basis. Non-GAAP revenue of $129.1 million increased 5% on an actual currency basis, and 4% constant currency basis. Operating margin was 15% and Non-GAAP operating margin was 37%.

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