Pegasystems Stock News

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), the leading enterprise AI decisioning and workflow automation platform provider, today announced the general availability of Pega InfinityTM 24.2. This latest release of Pega's core portfolio of cloud-ready products introduces new generative AI capabilities and enhancements that help enterprises boost employee productivity and ...

Pegasystems Inc. (NASDAQ:PEGA ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Peter Welburn - Vice President, Investor Relations Alan Trefler - Founder, Chief Executive Officer & of the Board Ken Stillwell - Chief Operating Officer & Chief Financial Officer Conference Call Participants Steve Enders - Citi Jake Roberge - William Blair Rishi Jaluria - RBC Pinja...

Pegasystems stock jumped over 6% after hours despite missing revenue estimates, driven by strong near-term prospects and a solid balance sheet. Pegasystems' innovative Pega GenAI Blueprint boosts business efficiency, with annual contract value up 16% y/y, indicating ongoing growth. Pegasystems is attractively priced at 17x next year's free cash flow, with a net cash position of $200 million and...

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), the leading enterprise AI decisioning and workflow automation platform provider, today announced Gartner Research has recognized Pega as a Leader in the Magic Quadrant for Enterprise Low-Code Application Platforms (LCAPs) (1). Gartner reviewed 13 low-code application platforms based on the evaluation criteria of for their Compl...

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), the leading enterprise AI decisioning and workflow automation platform provider, released its financial results for the third quarter of 2024. “Pega GenAI Blueprint is creating enormous excitement and fundamentally changing how we engage with our clients,” said Alan Trefler, founder and CEO. "Pega's distinctive AI approach is s...

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), the leading enterprise AI decisioning and workflow automation platform provider, today announced it will report financial results for the third quarter of 2024 on Wednesday, October 23, 2024, after market close. A conference call and audio-only webcast will be conducted at 8:00 a.m. EDT on Thursday, October 24, 2024. Members of...

Pegasystems' legal setback was reversed, and AI integration is driving higher subscription revenues and improved free cash flow, indicating a strong upside potential. The company reported $351 million in Q2 2024 sales with improved gross margins, driven by efficient AI-led automation and cost control measures. Despite strong competition, Pegasystems' strategic partnerships and nimble go-to-mark...

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Pegasystems, Inc., (NASDAQ: PEGA), the leading enterprise AI decisioning and workflow automation platform provider, today announced it will host Government Empowered 2024 on October 16, 2024, in Washington D.C. at the historical Capital Turnaround venue. This summit will bring together public sector leaders and innovators to showcase how they can better embrac...