Pegasystems (PEGA) Misses Q2 EPS by 2c, Miss on Revenues

Pegasystems (NASDAQ: PEGA) reported Q2 EPS of $0.15, $0.02 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $197.98 million versus the consensus estimate of $205.06 million.

• License and Cloud Backlog increases 32% year over year
• First half revenue growth of 15% coupled with operating margin expansion
• Record operating cash flow of $86 million in first half of 2017

For earnings history and earnings-related data on Pegasystems (PEGA) click here.

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