Pegasystems jumps after Q1 results beat estimates

Pegasystems

23/04/2025 14:57

Updates shares

** Software company Pegasystems' shares PEGA.O jump 30% to $8.39 in early trading after Q1 results beat estimates

** Co posts Q1 adj EPS of $1.53, beating analysts' estimate of 49 cents, according to LSEG data

** Q1 revenue up 44% from last year at $475.63 mln vs estimate of $356.6 mln

** Current analyst rating, on avg, is "buy"; median PT is $94.50

** As of last close, PEGA down 26.2% YTD

(Reporting by Twesha Dikshit)

((Twesha.Dikshit@thomsonreuters.com))