The enterprise software specialist reported steady growth but rising net losses.
News & Analysis: Pegasystems
PEGA earnings call for the period ending June 30, 2019.
Investors bet the software specialist would see strong first-quarter growth as it shifted toward cloud-based sales.
But management is happy to see customers choosing subscription-based offerings despite the negative short-term impact on sales and profits.
PEGA earnings call for the period ending March 31, 2019.
Investors cheered news of the software specialist's accelerating sales growth.
The software specialist's earnings continue to be pressured by the shift toward a subscription selling model.
PEGA earnings call for the period ending December 31, 2018.
The stock got caught up in market volatility but has rebounded recently following solid third-quarter results.
Management was happy with the software specialist's latest operating trends.