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Pegasystems: Q2 Earnings Insights

Pegasystems (NASDAQ:PEGA) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

Benzinga · 07/27/2022 18:01

Pegasystems (NASDAQ:PEGA) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:05 PM.

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

Earnings

Pegasystems missed estimated earnings by 445.45%, reporting an EPS of $-0.38 versus an estimate of $0.11.

Revenue was down $51.37 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.33 which was followed by a 6.88% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.26 0.12 -0.27 -0.18
EPS Actual 0.59 0.04 -0.40 0.23
Revenue Estimate 362.27M 346.36M 274.31M 273.14M
Revenue Actual 376.31M 316.18M 256.27M 325.70M

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.