January 8, 2019 Summary Pega remains in a dusty corner of the enterprise software space from the point of view of investors. On the other hand, some of the numbers reported last quarter suggest a powerful growth story, not really portrayed by the headline numbers. The company has a technology that combines sales force automation…
PEGA
Jan. 31, 2018 Summary Pegasystems shares have been parked in neutral since it released third quarter results. As a result, its valuation is not as extended as that of many other vendors. The company is in the midst of transition from a more traditional hybrid software model to one based primarily on the cloud. The…
Aug. 18, 2017 Summary Pega’s earnings release last week was viewed by some as somewhat disappointing. The company did niss consensus headline expectations in terms of revenues and earnings although it was able to reduce opex expense ratios. The company reported a seasonally strong quarter for bookings and particularly for backlog. Backlog and ACV rose…
Dec. 27, 2016 Summary Pega is a mid-sized software vendor that gets little attention despite its record of growth and its ability to compete successfully against many better known competitors. It has compiled a record of proxy booking growth that would be the envy of many better-known and more highly valued competitors and peers. The…
Feb. 28, 2016 Summary Pegasystems reported another conspicuous upsides when it released Q4 results Thursday evening. The company increased revenue and EPS guidance compared to consensus levels for 2016 as well. In addition to decent headline results, the growth in bookings and backlog was quite significant as well. The company is making a strong foray…
Jan. 6, 2016 Summary Pega has achieved more than 20% compounded growth over a 10-year span. In the last several years, operating margins have started to expand significantly. Pega’s operating margins still indicate significant potential operating leverage. The company has been able to build a balance of $380 million of deferred and unbilled product revenues…