Pegasystems (PEGA) Tops Q1 EPS by 6c

Pegasystems (NASDAQ: PEGA) reported Q1 EPS of $0.05, $0.06 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $265.6 million versus the consensus estimate of $255.98 million.

"In Q1, we demonstrated the resiliency of our business and delivered solid results, especially given the global pandemic," said Alan Trefler, Founder and CEO, Pegasystems. "Our team has navigated through many challenging times before, and we have always come out stronger on the other side. We've pivoted quickly to provide solutions that help our clients respond to the crisis while accelerating their digital transformation initiatives for long-term success. Based on the business-critical nature of the value we provide, we see opportunity to further expand our value proposition with existing and new clients."

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

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