Progress just announced its performance in fourth quarter, which ended November 30, 2009.  According to Progress, "On a generally accepted accounting principles (GAAP) basis, revenue for the quarter was $136.8 million, down 2 percent (5 percent at constant currency) from $139.4 million in the fourth quarter of fiscal 2008."

Also, operating income went up 202 percent to $25.8 million from $8.5 million in the fourth quarter of fiscal 2008. There was also a 158 percent increase in net income to $16.7 million from $6.5 million in the same quarter last year (also on a GAAP basis).

Learn more about how Progress performed in its 4Q!

• Progress® Sonic® ESB (enterprise service bus) has been deployed and is operational at British Airport Authority’s (BAA) Heathrow Airport Terminal 5.
• Sonic ESB has given the BAA airport integration capabilities, including the creation of reusable integration services for new Terminal 5 systems. Also, this allows for specialist adaptors for the integration of existing key operational BAA systems, such as the Airport Operational Database Integration.
• More than 250 Independent Software Vendors (ISVs) have deployed thousands of on-demand, SaaS applications on the OpenEdge platform in the past five years.

Get more Progress' fourth quarter highlights from Progress' blog now!