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PEGABullishEarningsnews
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Pegasystems (PEGA) Q2 Earnings and Revenues Top Estimates

Jul 24, 2024, 6:41 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

PEGA reported earnings of $0.52, exceeding expectations by 126.09%. Revenue rose to $351.15 million, surpassing estimates by 9.34%. PEGA shares gained 28.6% year-to-date, outperforming the S&P 500's 16.5%. Current EPS consensus for next quarter is $0.47 with mixed estimate revisions. The software industry rank is in the bottom 33%, impacting future performance.

  • PEGA reported earnings of $0.52, exceeding expectations by 126.09%.
  • Revenue rose to $351.15 million, surpassing estimates by 9.34%.
  • PEGA shares gained 28.6% year-to-date, outperforming the S&P 500's 16.5%.
  • Current EPS consensus for next quarter is $0.47 with mixed estimate revisions.
  • The software industry rank is in the bottom 33%, impacting future performance.

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