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Pegasystems jumps after Q1 results beat estimates

ReutersApr 23, 2025 1:57 PM

Software company Pegasystems' shares PEGA.O jump 30% to $8.39 in early trading after Q1 results beat estimates

Co posts Q1 adj EPS of $1.53, beating analysts' estimate of 49 cents, according to LSEG data

Q1 revenue up 44% from last year at $475.63 mln vs estimate of $356.6 mln

Current analyst rating, on avg, is "buy"; median PT is $94.50

As of last close, PEGA down 26.2% YTD

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