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Short Take: Progress revenues jump

Progress Software reported that its revenue jumped eight percent, to $44.8 million, for the second quarter ended May 31. The software development tool maker said operating income reached $1.38 million, compared to an operating loss of $789,000 one year ago.

Progress Software reported that its revenue jumped eight percent, to $44.8 million, for the second quarter ended May 31. The software development tool maker said operating income reached $1.38 million, compared to an operating loss of $789,000 one year ago.