Pegasystems (Nasdaq: PEGA) reported earnings on Nov. 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Pegasystems whiffed on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped to a loss.

Gross margins grew, operating margins grew, net margins contracted.

Revenue details
Pegasystems tallied revenue of $101.7 million. The eight analysts polled by S&P Capital IQ hoped for sales of $114.0 million on the same basis. GAAP reported sales were 6.4% higher than the prior-year quarter's $95.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.13. The seven earnings estimates compiled by S&P Capital IQ averaged $0.19 per share. GAAP EPS were -$0.01 for Q3 versus $0.13 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 62.9%, 670 basis points better than the prior-year quarter. Operating margin was 0.4%, 270 basis points better than the prior-year quarter. Net margin was -0.3%, 550 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $134.7 million. On the bottom line, the average EPS estimate is $0.36.

Next year's average estimate for revenue is $464.7 million. The average EPS estimate is $0.87.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 162 members out of 183 rating the stock outperform, and 21 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Pegasystems a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pegasystems is hold, with an average price target of $31.10.

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