Pegasystems (NASDAQ:PEGA) Posts Better-Than-Expected Sales In Q4 But Stock Drops
Enterprise workflow software provider Pegasystems (NASDAQ:PEGA) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 3.5% year on year to $490.8 million. The company’s full-year revenue guidance of $1.6 billion at the midpoint came in 1.1% above analysts’ estimates. Its non-GAAP profit of $1.61 per share was 9.8% above analysts’ consensus estimates.