Pegasystems Q3 revenue rises 3% to $393.4M as Pega Cloud ACV grows 20%
Total annual contract value rose 6% to $1.653B, and cloud now makes up 59% of it. GAAP EPS fell to $0.08 from $0.24, while non-GAAP EPS rose to $0.35. Pega warned ACV growth and cash flow may stay under pressure this year.
Total annual contract value rose 6% to $1.653B, and cloud now makes up 59% of it. GAAP EPS fell to $0.08 from $0.24, while non-GAAP EPS rose to $0.35. Pega warned ACV growth and cash flow may stay under pressure this year. (Pega via Business Wire; SEC 8-K exhibit)