Pegasystems

Pegasystems, Inc. engages in the development, market, license, and support of software, which allows organizations to build, deploy, and change enterprise applications. Its product Pega Infinity helps connect enterprises to their customers in real-time across channels, streamline business operations, and adapt to meet changing requirements. The company was founded by Alan Trefler in 1983 and is headquartered in Cambridge, MA.

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Pegasystems excels in Q4 2022, poised for growth amid challenges

Pegasystems demonstrates robust financial performance, strategic focus on innovation, and client-centric approach, positioning the company for continued growth and success.
While facing challenges such as vendor consolidation trends and the need for relationship-building in key markets, Pega can leverage opportunities in optimizing sales strategies and expanding market share.
Clear communication on sales reorganization impact, term license dynamics, and strategic direction will be crucial for Pega to maintain investor confidence and capitalize on its strengths and growth potential.

Pegasystems excels in Q1 2023 with strong ACV growth and AI focus

Pegasystems demonstrates robust growth in Q1 2023, emphasizing AI innovation, cloud advancements, and financial discipline. The company faces challenges in subscription transitions and revenue lag but holds opportunities in AI efficiency and market expansion.

Pegasystems reports record cash flow and eyes AI monetization

Pegasystems (PEGA) showcases strong financial performance with record free cash flow and ACV growth, focusing on Rule of 40 balance.
Confidence in AI capabilities and ongoing innovation position Pega well for future growth and enterprise solutions revolution.
Challenges lie in client caution, economic concerns, and revenue strategy optimization, while opportunities abound in AI monetization and sales efficiency enhancements.
Pega's strategic focus on generative AI, Pega Cloud, and customer outcomes sets the stage for continued success and innovation in the market.

Pegasystems reports record cash flow and strong GenAI engagement

Pegasystems reported strong financial performance with record cash flow and double-digit ACV growth, aiming for a Rule of 40 balance between growth and profit.
The company showcased robust GenAI capabilities, engaged with major clients globally, and is focused on modernizing legacy applications and generative AI solutions.
While facing challenges with customer caution on digital transformations and partner exploration of generative AI, Pegasystems is well-positioned to capitalize on opportunities in AI adoption and cloud expansion.
By addressing AI risks, streamlining resources, and emphasizing client support, Pega is poised for continued growth and innovation in the evolving AI landscape.

Pegasystems reports robust 2023 results, eyes AI growth opportunities

Pegasystems' strong financial performance in 2023 and strategic focus on GenAI innovation position the company for continued growth and market leadership.
While facing challenges such as revenue lumpiness and macro uncertainties, Pega's emphasis on operational efficiency and client-centric solutions mitigates risks and drives resilience.
Opportunities in AI demand, go-to-market transformation, and partnership engagement offer avenues for expansion and differentiation in the evolving technology landscape.
Balancing financial metrics, addressing revenue normalization, and leveraging GenAI's potential for autonomous agents underscore Pega's commitment to innovation and sustainable growth.

Pegasystems reports strong Q1 performance, eyes growth through Gen AI

Pegasystems' Q1 2024 earnings call highlighted strong financial performance, successful product launches, and a positive outlook for leveraging Gen AI capabilities.
The company's focus on Pega Cloud gross margins, GenAI Blueprint, and partnerships underscores its commitment to innovation and growth.
Challenges in monetization, ACV bookings, and maintaining margins are balanced by opportunities in partner capabilities, expansion, and automation.
Overall, Pegasystems remains well-positioned to capitalize on the momentum and drive profitability through Gen AI solutions and strategic initiatives.

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CAMBRIDGE, Mass. , May 22, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced that an in-person Investor Session will be held at PegaWorld iNspire 2023 in Las Vegas, Nevada hosted by Ken Stillwell, COO and CFO, Pega.

Pega to Hold Investor Session at PegaWorld iNspire 2023

Nine additional Pega professionals recognized by CRN for IT channel impact and growth CAMBRIDGE, Mass. , May 22, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced that CRN ® , a brand of The Channel Company, has named Judy Buchholz, senior vice president of global partner ecosystem, Pegasystems, to its 2023 list of Channel Chiefs.

Judy Buchholz of Pega Named to CRN's 2023 Channel Chiefs List

Pegasystems has exhibited strong ACV growth and surpassed its own growth guide. PEGA's model-driven approach and integration of generative AI technology give it a competitive edge in the market.

Pegasystems: Valuation Remains Attractive At 2.8x Forward Revenue

Integrated AI-powered capabilities make it easier to continuously find and fix business process inefficiencies CAMBRIDGE, Mass. , May 9, 2023 /PRNewswire/ -- Pegasystems Inc.  (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced the launch of Pega Process Mining, which will make it easier for Pega users of all skill levels to find and fix process inefficiencies hindering their business operations.

Pega Launches Pega Process Mining with Generative AI-Ready APIs to Enable Continuous Workflow Optimization

CAMBRIDGE, Mass. , May 8, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today published its annual Impact Report.

Pega 2022 Global Impact Report Highlights Continued Commitment to Environmental, Social, and Governance Initiatives

Pegasystems Inc. (PEGA) Q1 2023 Earnings Call Transcript.

Pegasystems Inc. (PEGA) Q1 2023 Earnings Call Transcript

Pegasystems (PEGA) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.59 per share a year ago.

Pegasystems (PEGA) Misses Q1 Earnings and Revenue Estimates

Annual contract value (ACV) grows 15% year over year (constant currency) Focus on profitable growth leads to significant cash generation Pega Cloud gross margin reaches 72% CAMBRIDGE, Mass. , April 26, 2023 /PRNewswire/ -- Pegasystems Inc., the low-code platform provider empowering the world's leading enterprises to Build for Change ®, released its financial results for the first quarter of 2023.

Pega's Focus on Client Success Drives Strong Results in Q1 2023

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CAMBRIDGE, Mass. , April 5, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced that it will report financial results for the first quarter of 2023 on Wednesday, April 26, 2023, after market close.

Pega to Announce Financial Results for the First Quarter of 2023 via Conference Call and Webcast

Dr. Guttmann appointed as VP of engineering, decisioning & AI CAMBRIDGE, Mass. , April 5, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced it has appointed Dr. Christian Guttmann as vice president of engineering, decisioning & AI.

Accomplished AI Leader Dr. Christian Guttmann Joins Pega to Accelerate Artificial Intelligence Innovations

New capabilities enable Pega clients to operate on the most current Pega solutions with zero downtime CAMBRIDGE, Mass. , March 28, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced updates to Pega Cloud ™ supported by an enhanced Global Operations Center to deliver a more scalable, reliable, and secure foundation for its suite of AI-powered decisioning and workflow automation solutions.

Pega Cloud Enhancements Improve Speed, Scalability, and Agility for Optimal Business Performance

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Industry leaders to share how they leverage Pega to transform their organizations to deliver better customer and employee experiences CAMBRIDGE, Mass. , March 21, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced keynote speakers for PegaWorld iNspire, Pega's annual conference to be held at the MGM Grand in Las Vegas, NV, from June 11-13, 2023.

Aflac, Citi, Rabobank, and Virgin Media Ireland to Keynote at PegaWorld iNspire 2023

CAMBRIDGE, Mass., March 17, 2023 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program.

Pega Announces Quarterly Cash Dividend for Second Quarter of 2023

Pegasystems (PEGA) is benefitting from transition to subscription model. The company's subscription revenues topped $1 billion in 2022.

Here's Why Investors May Bet on Pegasystems (PEGA) Stock

Pegasystems Inc. reported its Q4 2022 financial results on February 15, 2023. The firm provides a variety of low-code workflow automation software capabilities to enterprises worldwide.

Pegasystems Sees Slower And Bumpier 2023

New AI and automation capabilities help healthcare organizations speed through complex processes CAMBRIDGE, Mass. , March 7, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change ®, today announced enhancements to Pega Foundation for Healthcare enabling healthcare organizations to accelerate access to care at scale for their customers.

Pega Foundation for Healthcare Enhancements Help Payers and Providers Accelerate Access to Care

Pega Infinity to bring the power of Generative AI to the enterprise CAMBRIDGE, Mass. , March 1, 2023 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced plans to extend its use of AI in its platform with a set of new generative AI capabilities across Pega Infinity™.

Pega to Integrate New Generative AI Technology to Accelerate Low-Code App Development and Improve Customer Engagement

Pega receives highest score in automation design and development criterion CAMBRIDGE, Mass. , Feb. 28, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced Forrester Research has named Pega a Leader in The Forrester Wave™: Robotic Process Automation, Q1 2023 (1).

Pega Named a Leader in Robotic Process Automation by Independent Research Firm

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Pegasystems (PEGA) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Pegasystems (PEGA) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

Specialist UK savings and lending bank uses Pega to transform personal loan process, reducing costs and improving customer experience CAMBRIDGE, Mass. , Feb. 23, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change® , today announced that Shawbrook Bank, a UK-based specialist savings and lending bank, has deployed Pega Platform™ to transform its unsecured loans process, improving processing time by 75%, saving 1500 hours per month, and improving customer experience.

Pega Helps Shawbrook Bank Improve Processing Time for Unsecured Loans by 75%

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Pegasystems, Inc. (NASDAQ:PEGA ) Q4 2022 Results Conference Call February 15, 2023 5:00 PM ET Company Participants Kenneth Stillwell - CFO Alan Trefler - CEO Conference Call Participants Kevin Kumar - Goldman Sachs Steve Enders - Citi Richard Poland - RBC Capital Markets Pinjalim Bora - JP Morgan Steve Koenig - SMBC Nikko Joe Mearus - Truist Operator Good day, and welcome to the Pegasystems Fourth Quarter and Fiscal Year-End 2022 Earnings Results Conference Call. Today's conference is being recorded.

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