Q1 2020 Revenue up 25% Driven by 57% Increase in Pega Cloud Revenue

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Pegasystems (PEGA) Tops Q1 EPS by 6c

April 29, 2020 4:12 PM EDT

Pegasystems (NASDAQ: PEGA) reported Q1 EPS of $0.05, $0.06 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $265.6 million versus the consensus estimate of $255.98 million.

"In Q1, we demonstrated the resiliency of our business and delivered solid results, especially given the... More