Pegasystems Q3 Adj EPS $0.44 Beats $0.01 Estimate, Sales $334.64M Beat $295.87M Estimate
Portfolio Pulse from bharat@benzinga.com
Pegasystems reported Q3 earnings of $0.44 per share, beating the analyst consensus estimate of $0.01 by 4300 percent. This is a 229.41 percent increase over losses of $(0.34) per share from the same period last year. The company also reported quarterly sales of $334.64 million, beating the analyst consensus estimate of $295.87 million by 13.10 percent, a 23.61 percent increase over sales of $270.73 million the same period last year.
October 25, 2023 | 8:54 pm
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Pegasystems' Q3 earnings and sales significantly beat estimates, indicating strong performance.
Pegasystems reported a significant beat on both earnings and sales for Q3. This indicates strong performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
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IMPORTANCE 100
RELEVANCE 100