Pegasystems (PEGA) Tops Q4 EPS by 79c ; Offers Guidance

Go back to Pegasystems (PEGA) Tops Q4 EPS by 79c ; Offers Guidance

Pegasystems (PEGA) soars 16% on robust FQ4 results and guidance

February 15, 2024 9:03 AM EST

CAMBRIDGE, Mass. - Pegasystems Inc. (NASDAQ: PEGA), a leader in enterprise AI decisioning and workflow automation platform provider, reported a robust fourth quarter, surpassing analyst expectations with an EPS of $1.77, significantly higher than the consensus estimate of $0.98. The company's revenue for the quarter also exceeded forecasts, coming in at $474.23 million against the anticipated $414.69 million.

The company's financial success is attributed to a year of strong performance, marked by an 11%... More