Pegasystems Announces Financial Results for Fourth Quarter and Full Year 2016
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Pegasystems (PEGA) PT Raised to $46 at Wedbush on 'Impressive 4Q Sales'
February 24, 2017 7:30 AM ESTWedbush Securities analyst Steve Koening reiterates Outperform rating and raises price target on Pegasystems Inc. (NASDAQ: PEGA) to $46 (from $42), but lowering estimates due to the companys transition to recurring revenue, as management delivered impressive fourth quarter sales, while offering a full-year guidance... More
Pegasystems (PEGA) Reports In-Line Q4 EPS
February 23, 2017 4:28 PM ESTPegasystems (NASDAQ: PEGA) reported Q4 EPS of $0.37, in-line with the analyst estimate of $0.37. Revenue for the quarter came in at $200.25 million versus the consensus estimate of $231.61 million.
GUIDANCE:
Pegasystems sees FY2017 EPS of $1.00, versus the consensus of $1.01.
"We're... More
