Pegasystems: Q3 Earnings Insights

Pegasystems PEGA reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Pegasystems missed estimated earnings by 47.83%, reporting an EPS of $-0.34 versus an estimate of $-0.23.

Revenue was up $14.46 million from the same period last year.

Last quarter the company missed on EPS by $0.49 which was followed by a 15.37% drop in the share price the next day.

Here's a look at Pegasystems's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.11	0.26	0.12	-0.27
EPS Actual	-0.38	0.59	0.04	-0.40
Revenue Estimate	347.50M	362.27M	346.36M	274.31M
Revenue Actual	274.34M	376.31M	316.18M	256.27M

To track all earnings releases for Pegasystems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.