Pegasystems (PEGA) Tops Q4 EPS by 12c, Beats on Revenues; Offers FY18 EPS/Revenue Outlook

Pegasystems (NASDAQ: PEGA) reported Q4 EPS of $0.27, $0.12 better than the analyst estimate of $0.15. Revenue for the quarter came in at $239.54 million versus the consensus estimate of $208.48 million.

2018 Guidance

As of February 26, 2018, Pegasystems is providing revenue and EPS guidance for the full year 2018 as follows:

• Full Year 2018 Revenue (under ASC 606): GAAP and non-GAAP revenue for the full year 2018 is projected to be approximately $950 million.
• Full Year 2018 Earnings Per Share (under ASC 606) (1): GAAP diluted earnings per share for the full year 2018 is expected to be approximately $0.53.
• Non-GAAP diluted earnings per share for the full year 2018 is expected to be approximately $1.20.

GUIDANCE:

Pegasystems sees FY2018 EPS of $1.20. Pegasystems sees FY2018 revenue of $950 million.

For earnings history and earnings-related data on Pegasystems (PEGA) click here.

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