Pegasystems: Q3 Earnings Insights

Pegasystems: Q3 Earnings Insights

Pegasystems PEGA reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Pegasystems missed estimated earnings by 47.83%, reporting an EPS of $-0.34 versus an estimate of $-0.23.

Revenue was up $14.46 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.49 which was followed by a 15.37% drop in the share price the next day.

Here's a look at Pegasystems's past performance:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.11 0.26 0.12 -0.27
EPS Actual -0.38 0.59 0.04 -0.40
Revenue Estimate 347.50M 362.27M 346.36M 274.31M
Revenue Actual 274.34M 376.31M 316.18M 256.27M

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.11 0.26 0.12 -0.27
EPS Actual -0.38 0.59 0.04 -0.40
Revenue Estimate 347.50M 362.27M 346.36M 274.31M
Revenue Actual 274.34M 376.31M 316.18M 256.27M

To track all earnings releases for Pegasystems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings