Feb. 10 at 10:40 PM
$PEGA
Increases share buyback program to one billion!!!
In any normal time this would result in a substantial leap in the sp- retail AH traders marking it down!
Will be interesting if the institutions also load up tomorrow after the conf call…
“Pegasystems beats by
$0.03, beats on revs; guides FY26 EPS above consensus, revs above consensus
Reports Q4 (Dec) earnings of
$0.76 per share, excluding non-recurring items,
$0.03 better than the FactSet Consensus of
$0.73; revenues rose 2.8% year/year to
$504.3 mln vs the
$491.84 mln FactSet Consensus.
Annual Contract Value (ACV) grows 17% year over year (14% in constant currency).
Co issues upside guidance for FY26, sees EPS of
$2.75, excluding non-recurring items, vs.
$2.22 FactSet Consensus; sees FY26 revs of
$2.0 bln vs.
$1.86 bln FactSet Consensus.
Annual contract value growth of 15%.
Free cash flow of
$575 mln.
Increases share repurchase authorization by
$1B.”