Pegasystems (PEGA) Misses Q1 EPS by 6c

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Pegasystems Announces Financial Results for First Quarter of 2016

May 5, 2016 4:09 PM EDT

CAMBRIDGE, MA -- (Marketwired) -- 05/05/16 -- Pegasystems Inc. (NASDAQ: PEGA), the software company empowering the world's leading enterprises with strategic business applications, today announced results for its first quarter ended March 31, 2016.

"We are pleased with the start to 2016," said Alan Trefler, Founder and CEO of Pegasystems. "We had strong Q1 revenue, which contributed to a dramatic increase in this quarter's EPS. We will be focusing our efforts in coming quarters to balance revenue with an emphasis on increasing backlog and are... More