Progress Software Corporation Annual Revenue and Pro Forma EPS

FY03

FY04

$400

$0

$Millions

$0

$1.30

Growth:

13%

FY03

FY04

40%

Total Revenue

Pro forma Earnings Per Share**

Growth:

$309

$0.77

FY05

$363

17%

FY05

$0.99

29%

** Pro forma earnings per share excludes one time acquisition related charges and amortization of intangibles. A reconciliation to GAAP can be found on our web site.

11%*

$403*

$1.33*

34%*

$273

$0.55

FY02

FY02

*Per Analysts’ Estimates

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