Pegasystems Announces Financial Results for Fourth Quarter and Full Year 2016

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Go back to Pegasystems Announces Financial Results for Fourth Quarter and Full Year 2016

Pegasystems (PEGA) PT Raised to $46 at Wedbush on 'Impressive 4Q Sales'

February 24, 2017 7:30 AM EST

Wedbush Securities analyst Steve Koening reiterates Outperform rating and raises price target on Pegasystems Inc. (NASDAQ: PEGA) to $46 (from $42), but lowering estimates due to the companys transition to recurring revenue, as management delivered impressive fourth quarter sales, while offering a full-year guidance... More

Pegasystems (PEGA) Reports In-Line Q4 EPS

February 23, 2017 4:28 PM EST

Pegasystems (NASDAQ: PEGA) reported Q4 EPS of $0.37, in-line with the analyst estimate of $0.37. Revenue for the quarter came in at $200.25 million versus the consensus estimate of $231.61 million.

GUIDANCE:

Pegasystems sees FY2017 EPS of $1.00, versus the consensus of $1.01.

"We're... More