Pegasystems (PEGA) Stock

The stock has become attractive for investment due to a 29% increase driven by a new AI portfolio. However, PEGA's high valuation could pose a risk.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), known as The Enterprise Transformation Company™, has declared a quarterly cash dividend of $0.03 per share, continuing its existing dividend program. The dividend for the first quarter of 2025 will be distributed on January 16, 2025, to shareholders who are on record by January 2, 2025. Pega specializes in helping organizations adapt and innovate through enterprise AI decision-making and workflow automation.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), known as the Enterprise Transformation Company™, has been recognized as a Leader in The Forrester Wave™: Task-Centric Automation Software for Q4 2024 by Forrester Research. Pega achieved the highest scores in both the Current Offering and Strategy categories among all the solutions assessed. The report highlights Pega Infinity™ and Pega GenAI Blueprint™, stating that Pegasystems is a strong player in task-centric process automation.

While the revenue and earnings per share (EPS) for Pegasystems (PEGA) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), a top provider of enterprise AI decision-making and workflow automation, has announced its financial results for the third quarter of 2024. Alan Trefler, the founder and CEO, stated that the Pega GenAI Blueprint is generating significant enthusiasm and transforming client interactions. He added that Pega's unique AI strategy is helping clients speed up their digital transformation to become fully autonomous businesses.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), a top provider of enterprise AI decision-making and workflow automation, has announced that it will release its financial results for the third quarter of 2024 on Wednesday, October 23, 2024, after the market closes. A conference call and audio-only webcast will take place at 8:00 a.m. EDT on Thursday, October 24, 2024. The public and investors are welcome to join the call and take part in the Q&A session.

Pegasystems has successfully overcome a legal challenge, and the integration of AI is boosting subscription revenue and free cash flow, suggesting significant growth potential. In the second quarter of 2024, the company achieved $351 million in sales, benefiting from better gross margins due to effective AI automation and cost management. Even with tough competition, Pegasystems' strategic partnerships and flexible marketing approach set it up for ongoing growth and profit.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / September 3, 2024 / Pegasus Resources Inc. (TSXV:PEGA)(Frankfurt:0QS0)(OTC PINK:SLTFF) is happy to share that it has completed the first part of its private placement announced on July 22, 2024, raising a total of $647,640.00. The company issued 4,047,750 units at a price of $0.16 each.

READING, England--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), a top provider of enterprise AI decision-making and workflow automation, has announced an expansion of its partnership with Amazon Web Services (AWS). Pega is one of the first companies to use the newly introduced AWS European Sovereign Cloud to offer the Pega EU Service Boundary, which will assist customers in achieving strict digital sovereignty requirements in the European Union.