Pegasystems (PEGA) Tops Q1 EPS by 33c

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Annual contract value grows 21 percent as profitability improves in Q1 2022

April 28, 2022 4:05 PM EDT

Total revenue grows 20 percent to $376 millionGross margin improves to 77 percent

CAMBRIDGE, Mass., April 28, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company that crushes business complexity, released its financial results for the first quarter of 2022.

"Pega's low-code platform for AI-powered decisioning and workflow automation continues to be... More