HomeIndustriesA.I.PEGA Soars 20% This Week on Strong Earnings and Gen A.I. Traction
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PEGA Soars 20% This Week on Strong Earnings and Gen A.I. Traction

PEGA Soars 20% This Week on Strong Earnings and Gen A.I. Traction

Pegasystems (PEGA) shares have rallied over 20% this week after a strong earnings report, with revenue growth of 44% and a beat on top line estimates. COO and CFO Ken Stillwell joins us to break down the results, citing strong uptake of its new Pega Blueprint technology and success in helping clients automate work and streamline processes using Gen A.I. Stillwell attributes the company's success to its focus on re-envisioning how work is done, driving efficiency, and scaling businesses, differentiating itself from competitors like ServiceNow (NOW) and Salesforce (CRM). While some clients have expressed concerns about the impact of tariffs, Stillwell notes that software companies like Pega have some insulation from the tariff discussion due to their non-physical product offerings.

Trading 360

24 Apr 2025

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