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Why Is Pegasystems (PEGA) Stock Soaring Today

Published: February 15, 2024

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

Source: yahoo.com

IBM alters price hikes: 'Communication has been appalling. I have customers already deciding what IBM software will be off their shopping lists.'

Published: December 13, 2022

Last month, CRN reported that customers in the UK, as well Canada, Europe, Japan, Morocco and South Africa, had been told by Big Blue that they faced software rises...

Source: channelweb.co.uk

'Customers will feel blindsided': IBM hoists UK software prices by 24 per cent

Published: November 25, 2022

IBM is hoisting its UK software prices by nearly a quarter, in a move critics claims will drive customers into the arms of competitors. In an announcement earlier...

Source: channelweb.co.uk