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., 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.

Pegasystems, Inc. (PEGA) Q4 2022 Earnings Call Transcript

Pegasystems (PEGA) delivered earnings and revenue surprises of 811.11% and 18.39%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Pegasystems (PEGA) Surpasses Q4 Earnings and Revenue Estimates

Annual contract value (ACV) grows 16% year over year (constant currency) Pega Cloud gross margin reaches 70% 2023 free cash flow expected to increase to $150 million CAMBRIDGE, Mass. , Feb. 15, 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 fourth quarter and full-year 2022.

Q4 2022 Results Highlight Improving Profitability

CAMBRIDGE, Mass. , Jan. 25, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform that builds agility into the world's leading organizations, today announced that it will report financial results for the fourth quarter and fiscal year 2022 on Wednesday, February 15, 2023, after market close.

Pega to Announce Financial Results for the Fourth Quarter and Fiscal Year 2022 via Conference Call and Webcast

Recent accolades demonstrate Pega's consistent ability to create excellent experiences for clients, employees, and partners CAMBRIDGE, Mass. , Dec. 20, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced recent accolades recognizing client successes, product innovation, and a culture of excellence.

Pega's Clients, Culture, Market Leadership, and Sustainability Efforts Recognized for Continued Excellence

CAMBRIDGE, Mass. , Dec. 16, 2022 /PRNewswire/ --  Pegasystems Inc.  (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program.

Pega Announces Quarterly Cash Dividend for First Quarter of 2023

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Out-of-the-box workflows automate payment investigations and help keep banks in compliance CAMBRIDGE, Mass. , Nov. 8, 2022 /PRNewswire/ -- Pegasystems Inc.  (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced enhancements to Pega Smart Investigate™ making it easier for banks to manage financial sanction investigations.

New Pega Smart Investigate Features Help Banks Speed Financial Sanction Reviews

Developers of all skill levels recognized for innovative apps that help solve real-world issues impacting businesses CAMBRIDGE, Mass. , Nov. 2, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced the winners of the third annual Pega Community Hackathon.

Pega Announces Winners of Global Software Hackathon

Brings systems and data together to empower caseworkers to achieve the best possible outcomes CAMBRIDGE, Mass. , Oct. 31, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), powered by Amazon Web Services (AWS), today announced it's helping child welfare agencies improve how they support children and families in need.

Pega, powered by AWS, Helps Put Children and Families First With Unified Technology For Child Welfare

Pega receives highest scores possible in three out of four categories CAMBRIDGE, Mass. , Oct. 27, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced that leading risk technology analyst firm Chartis has named Pega as a category leader in its KYC Solutions, 2022: Market Update and Vendor Landscape report (1).

Pega Named a Leader in KYC Solutions by Chartis Research

Pegasystems Inc. (NASDAQ:PEGA ) Q3 2022 Earnings Conference Call October 26, 2022 5:00 PM ET Company Participants Alan Trefler - Founder & CEO Kenneth Stillwell - COO & CFO Conference Call Participants Kevin Kumar - Goldman Sachs Steven Enders - Citi Noah Herman - JPMorgan Joe Meares - Truist Steven Koenig - SMBC Nikko Vinod Srinivasaraghavan - Barclays Joey Marincek - JMP Securities Fred Havemeyer - Macquarie Operator Good day, and welcome to the Pegasystems Third Quarter 2022 Earnings Results Conference Call. Today's conference is being recorded.

Pegasystems Inc. (PEGA) Q3 2022 Earnings Call Transcript

Pegasystems (PEGA) delivered earnings and revenue surprises of -36% and 4.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Pegasystems (PEGA) Reports Q3 Loss, Lags Revenue Estimates

Annual contract value (ACV) grows 16 percent in constant currency year over year Pega Cloud ACV grows 39 percent in constant currency year over year Total backlog grows 11 percent (18 percent in constant currency) year over year CAMBRIDGE, Mass. , Oct. 26, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, released its financial results for the third quarter of 2022.

Pega Delivers Best Quarter of the Year in Q3 2022

Pegasystems (PEGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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