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Pegasystems (NASDAQ:PEGA – Get Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.750-2.750 for the period, compared to the consensus earnings per share estimate of 2.430. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate […]
By Dean Seal Shares of Pegasystems hit a 52-week high after the company's fourth-quarter results all handily topped analyst estimates. The stock jumped 31%...
The low-code software company topped estimates on the top and bottom lines in the fourth quarter.
Shares of enterprise workflow software provider Pegasystems (NASDAQ:PEGA) jumped 33.2% in the morning session after the company reported fourth-quarter results with revenue exceeding Wall Street's estimates, driven by outperformance in its subscription license segment ($207.6 million of revenue vs estimates of $146.7 million). Gross margin also improved significantly during the quarter. Looking ahead, its revenue, EPS, and free cash flow guidance for full-year 2024 also beat expectations (specif
PEGA's Strategic Focus on Client Success and Go-to-Market Model Transformation Drives Financial Success