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What: Shares of Pegasystems
So what: For the quarter, Pegasystems booked $95.4 million in revenue versus the $90.4 million analysts expected. Per-share earnings came in at $0.26, equal to the Wall Street consensus.
Now what: The beat is significant in part because of the competition. Pegasystems' business process management software competes with offerings from larger and better-funded peers such as Tibco
Interested in more info on Pegasystems? Add it to your watchlist here by clicking here.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He owned shares of Oracle at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Twitter as @milehighfool. You can also get his insights delivered directly to your RSS reader. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool owns shares of Microsoft and Oracle and is also on Twitter as @TheMotleyFool. Its disclosure policy is at least 10% better than other disclosure policies.