On this page of Benford's Law Stocks.com we present our study of PROGRESS SOFTWARE CORP /MA — ticker symbol PRGS. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 10/7/2019 to 7/8/2024 for PROGRESS SOFTWARE CORP /MA under CIK number 0000876167. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for PRGS, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for PROGRESS SOFTWARE CORP /MA based on the past PRGS filings our system processed in the past.
29.7
13.0
20.3
15.9
5.3
3.1
4.9
5.2
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 754
Recent share count: 43,218,086 (4's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
754
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
39

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 2's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 2's percentage was below the company's typical historical range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 3's percentage was above the company's typical historical range.
 • We deducted points upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was above the company's typical historical range.
 • We deducted point upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was below the company's typical historical range.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was below the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 8's percentage was above the company's typical historical range.
 • We deducted point upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was below the company's typical historical range.
Benford's Law Stocks Indicator
PRGS
Low score compared to other filers, falling in the bottom quartile.
CLIR
CPRT
AVNT
KEX
CNDT
DMLP
RUSHA
FXF
Check our work! We provide our PROGRESS SOFTWARE CORP /MA Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the PRGS filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 224 numbers that start with the digit 1. Here they are:
190,420
126,958
125,825
13,117
15,225
14,219
18,711
15,052
13,600
1,586,375
1,602,783
12,371
13,109
10,114
19,444
13,000
10,000,000
105,590
120,858
1,586,375
1,602,783
118,079
113,975
121,098
121,844
175,077
178,251
15,257
14,258
143,006
144,473
16,316
17,546
1,483
1,991
1,250
115,858
121,446
14,351
14,362
1,552
1,107
1,620
14,419
14,082
14,609
16,188
12,090
175
175
16,188
12,090
105
1,720
1,441
142
1,135
15,848
13,019
120,858
182
134
1
192
1
10,591
10,592
16,097
16,097
1,355
14
105,590
123,429
116
1
11,989
11,989
10
16,188
16,188
105,590
101,656
145
10,766
10,769
147
1
15,948
15,948
12,518
17,477
103,995
108,286
1
119
163
10,287
10,287
15,000
12,090
12,090
103,995
1,535
1,071
11,036
173
10,421
13,066
1,496
18,822
1,668
134,185
15,262
15,700
1,264
1,969
1,264
12,896
16,365
10,592
11,200
16,122
15,871
195,000
110,000
128,956
1,661
130,746
126,958
190,420
125,531
1,028
10,796
119,254
119,254
190,420
190,420
126,958
126,958
150.0
1.855
1.5
1.6
103,125
1,495
1
1.1
1.6
102,229
103,073
1,495
1,495
11.6
196,302
181,045
15,110
18,077
18
12,500
152,300
161,770
161.8
1.04
1.01
12.0
130
10
130
100.0
12.0
1.50
150
1.0
150.0
1.0
15.0
1.4
121.5
1,898
1,349
1,769
10,729
11,989
10,287
1,135
1,441
1
118,079
113,975
102,503
102,240
194,753
18,595
19,604
175,077
178,251
102,902
105,732
120,625
109,590
10,038
11,544
19,686
19,348
175,077
178,251
14,251
15,825
180,966
178,796
1,890
1,369
1,987
16,188
12,090
16,188
12,090
1,127
1,090
1,273,000
1.5
144
1.9
15.0
We found 98 numbers that start with the digit 2. Here they are:
29,965
28,373
226,579
236,090
22,499
200,000,000
241,683
228,502
2,497
2,814
22,176
22,970
294,882
282,482
21,983
21,469
232,728
223,867
27,148
23,027
20,128
2,519
28
27
250
295
21
2,576
2,518
2
24,453
24,453
2,576
2,576
2,296
2,296
254
23,779
26,160
2
260
20,039
20,039
2,518
2,518
2
2
2
269
2
24,453
20,039
21,484
2,177
25,000
261,250
256,277
28,987
23,077
2
2.5
2,526
2,530
2,530
2,530
280,000
280,000
252,772
205,836
221,362
237,246
23.7
25.5
24,478
232.1
20
260.0
25.0
25.0
2.00
228.0
25
2,458
24,453
20,039
2,130
204,528
210,184
204,560
2,325
295,036
291,574
2,574
2
28
27
268,000
2.5
We found 153 numbers that start with the digit 3. Here they are:
33,157
37,052
342,983
330,788
32,401
304,644
354,278
32,628
34,817
307,221
352,118
354,772
356,111
3,710
3,574
330,382
370,579
34,736
32,160
359,762
342,477
32,071
33,778
37,889
35,435
34,820
33,705
31,157
3,036
3,990
3,000
3,734
3,940
38,827
35,764
37
37
350
350
38,827
35,764
3,457
360
340
36,251
38,282
370,579
32,160
32,080
32,080
34,437
37,998
38,827
38,827
330,382
34,736
372,273
34,396
3
3
32,080
32,080
340
340
330,382
34,736
331,650
35,235
398,504
3
378
30,000
35,764
35,764
347,101
32,717
338,370
33,646
3,482
3,483
3,284
3,284
347,101
32,717
38,827
35,764
3,171
3,171
387
34,171
36,685
389
33,933
356,096
357,627
30,000
3,437
3,207
3
355,861
361,113
354,772
377,125
354,772
377,125
35,001
32,034
304,644
354,278
33,157
38,789
304,644
355.0
32,418
388,509
381,327
3.5
30
3.5
3,938
3.00
3
30.0
3,264
3,391
3,049
33,295
32,160
34,736
34,736
37,155
33,749
359,762
342,477
359,762
342,477
32,401
356,300
344
3,297
3,000
3,356
3
324
38,827
35,764
37
38,827
35,764
37
304,000
38
3.0
4's 5's 6's
We found 120 numbers that start with the digit 4. Here they are:
42,776,452
48,040
49,559
4,535
4,547
43,062,914
43,795,955
431
438
401,667
459,715
44,395
40,471
40,147
43,327
40,255
4,023
4,175
496
47,735
44,533
43,213
43,343
43,508
43,321
43,964
44,470
44,395
44,411
445
4
43,796
438
459,715
498
43,063
431
401,667
43,689
437
461,743
4,388
4,389
4,702
4,702
49,949
43,063
431
401,667
43,257
433
4
4
43,358
436
418,815
43,307
433
413,443
4,764
4,766
43,358
436
418,815
45,298
4,707
438,750
42,210
476
4
476
476
476
438,416
438,128
4.1
458,608
458,608
484,075
434,441
49.0
45.4
40,113
44,740
46,335
4,477
44,996
450
42.2
446
4,384
4.0
400
49.9
4,770
4,740
446
446
4
4,599
4,790
426
4,504
4,828
43,213
43,343
43,508
43,321
43,213
43,343
43,508
43,321
43,964
44,470
44,395
44,411
4.2
4
4.0
4.5
We found 40 numbers that start with the digit 5. Here they are:
50
50
58,946
53,979
56,407
5,228
5,266
59,995
5,387
548
58,615
592
5,545
5,546
5
5
54
5,268
5,270
535
5
57
50,367
5,734
5,138
5,953
5.2
50,111
50,111
53.13
50
5
5,228
53,979
56,407
57,538
56,185
5,187
5
5
We found 23 numbers that start with the digit 6. Here they are:
64,995
64,880
65,258
651
62,154
6,918
6,920
6,516
6,532
6,404
6,821
67,798
63,462
6,346
6
69,086
67,300
67.74
6.6
6.0
6,047
689
6.6
7's 8's 9's
We found 37 numbers that start with the digit 7. Here they are:
794,277
7,398
7,994
77,000
73,901
70,423
7,007
7,020
72,449
7,867
7,867
7,899
7,899
72,449
7,961
71,166
71,166
7
71,166
71,166
794,277
799,241
788,719
788,719
78,759
700
7
723
75
72.4
75
729
7,056
75
7.6
751
7.0
We found 39 numbers that start with the digit 8. Here they are:
851
82,354
832,783
832,101
8,255
8,583
8,351
8,376
8,514
827
8,418
8,908
8,769
89
83
87
81
812
89
8,100
8,101
8,482
8,101
841
8,351
8,192
81,758
844
81,758
83,698
832,101
832,783
8,979
89
83
887
87
81
8.0
We found 20 numbers that start with the digit 9. Here they are:
928
9,447
9,970
928
941
939
929
961
95
929
929
94,718
98,955
98
92.98
900.0
912
9,379
9,267
993,000
While the above PRGS 10Q Filed 7/8/2024 is interesting in isolation, we have found that it is also useful to take a look at older PROGRESS SOFTWARE CORP /MA filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 7/8/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical PRGS 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.7
13.0
20.3
15.9
5.3
3.1
4.9
5.2
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 39
XBRL?   [ original filing ]
Total numbers found: 754

= Typical PRGS range from 10/7/2019 to 7/8/2024
28.5
16.1
14.8
13.0
9.2
4.7
6.7
4.1
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 764

= Typical PRGS range from 10/7/2019 to 7/8/2024
25.5
18.0
14.2
12.5
7.0
6.1
7.8
5.0
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 1,253

= Typical PRGS range from 10/7/2019 to 7/8/2024
30.1
19.9
13.2
10.3
5.9
4.8
7.8
4.5
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 735

= Typical PRGS range from 10/7/2019 to 7/8/2024
26.4
18.9
17.6
12.7
6.6
4.6
5.5
4.8
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 893

= Typical PRGS range from 10/7/2019 to 7/8/2024
28.7
17.6
11.9
11.0
8.1
7.2
6.7
5.1
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 926

= Typical PRGS range from 10/7/2019 to 7/8/2024
28.5
22.0
11.2
11.2
7.4
5.9
5.7
4.0
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,469

= Typical PRGS range from 10/7/2019 to 7/8/2024
26.6
18.4
15.1
13.2
7.6
5.8
4.6
4.6
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 538

= Typical PRGS range from 10/7/2019 to 7/8/2024
26.8
16.4
19.0
14.6
5.9
4.1
4.6
4.9
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 58
XBRL?   [ original filing ]
Total numbers found: 779

= Typical PRGS range from 10/7/2019 to 7/8/2024
26.1
19.0
13.6
12.0
6.9
6.2
8.8
3.9
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 961

= Typical PRGS range from 10/7/2019 to 7/8/2024
27.2
19.5
12.3
12.4
7.8
6.3
6.6
4.0
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 1,341

= Typical PRGS range from 10/7/2019 to 7/8/2024
29.8
23.3
12.0
10.7
5.4
5.7
6.4
3.5
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 652

= Typical PRGS range from 10/7/2019 to 7/8/2024
32.9
17.8
11.5
10.8
9.0
5.2
5.0
5.3
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 948

= Typical PRGS range from 10/7/2019 to 7/8/2024
29.4
17.3
13.5
11.5
7.4
7.3
5.0
4.8
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 1,029

= Typical PRGS range from 10/7/2019 to 7/8/2024
25.4
17.0
15.2
12.6
7.0
5.9
7.6
5.6
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 1,179

= Typical PRGS range from 10/7/2019 to 7/8/2024
28.0
17.5
15.5
14.6
6.2
3.8
4.6
6.1
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 560

= Typical PRGS range from 10/7/2019 to 7/8/2024
26.5
19.3
15.9
13.0
5.6
5.3
6.5
4.6
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 979

= Typical PRGS range from 10/7/2019 to 7/8/2024
25.8
18.9
16.1
12.3
7.4
6.5
5.8
3.1
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 893

= Typical PRGS range from 10/7/2019 to 7/8/2024
27.4
20.3
11.4
12.6
7.7
6.0
5.7
4.3
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,450

= Typical PRGS range from 10/7/2019 to 7/8/2024
29.9
19.6
10.5
9.8
8.4
7.1
5.3
4.1
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 715

= Typical PRGS range from 10/7/2019 to 7/8/2024
 

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