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Pegasystems Q2 2023 Earnings Report

Pegasystems logo
$94.40 -0.84 (-0.88%)
(As of 05:26 PM ET)

Pegasystems EPS Results

Actual EPS
-$0.41
Consensus EPS
-$0.34
Beat/Miss
Missed by -$0.07
One Year Ago EPS
N/A

Pegasystems Revenue Results

Actual Revenue
$298.27 million
Expected Revenue
$309.61 million
Beat/Miss
Missed by -$11.34 million
YoY Revenue Growth
N/A

Pegasystems Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Pegasystems Earnings Headlines

Pegasystems price target raised to $115 from $90 at Loop Capital
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About Pegasystems

Pegasystems (NASDAQ:PEGA) develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. The company provides Pega Infinity, a software portfolio comprising of Pega Customer Decision Hub, a real-time AI-powered decision engine to enhance customer acquisition and experiences across inbound, outbound, and paid media channels; Pega Customer Service to anticipate customer needs, connect customers to people and systems, and automate customer interactions to evolve the customer service experience, as well as to allow enterprises to deliver interactions across channels and enhance employee productivity; and Pega Platform, an intelligent automation software for increasing efficiency of clients' processes and workflows. It also offers Situational Layer Cake that organizes logic into layers that map to the unique dimensions of a client's business, such as customer types, lines of business, geographies, etc.; Pega Express Methodology and low code that connects enterprise data and systems to customer experience channels; Pega Cloud that allows clients to develop, test, and deploy applications; Pega Catalyst, which helps clients to transform and prototype their customer journeys; Pega Academy, which offers instructor-led and online training to its employees, clients, and partners; and global service assurance and client support services. It primarily markets its software and services to financial services, healthcare, communications and media, government, insurance, manufacturing and high tech, and consumer services markets through a direct sales force, as well as partnerships with technology providers and application developers. Pegasystems Inc. was incorporated in 1983 and is headquartered in Cambridge, Massachusetts.

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