Welcome to our dedicated page for Pegasystems news (Ticker: PEGA), a resource for investors and traders seeking the latest updates and insights on Pegasystems stock.
Pegasystems Inc. (NASDAQ: PEGA) generates a steady flow of news centered on its AI-powered enterprise transformation platform, product innovation, analyst recognition, and financial performance. Investors and observers following PEGA news can see how the company positions its technology for automating workflows, personalizing customer experiences, and modernizing legacy systems for large organizations.
Recent announcements highlight new product capabilities, such as advanced agentic AI features in Pega Client Lifecycle Management (Pega CLM) for financial institutions. These updates focus on automating client onboarding, KYC processes, document processing, screening, and risk assessment across jurisdictions. Other product news covers enhancements to Pega Blueprint, the company’s AI-powered workflow design agent, including expanded privacy, security, and data sovereignty features like regional data residency, client-level file storage separation, and federated access controls.
Pegasystems also regularly reports on analyst evaluations and industry recognition. The company has announced being named a Leader in The Forrester Wave™: Real-Time Interaction Management Software and in other Forrester and Gartner reports covering AI decisioning, CRM, business orchestration and automation technologies, and process mining platforms. These stories provide context on how independent research firms view Pega’s platform capabilities.
Financial and investor-related news includes quarterly earnings releases, updates on metrics such as Annual Contract Value (ACV) and Pega Cloud ACV, and information on share repurchases and cash flow. Pegasystems also issues notices about upcoming investor conferences where its executives present, as well as dividend declarations under its quarterly cash dividend program.
Together, PEGA news items offer insight into the company’s product roadmap, AI and automation strategy, recognition from analyst firms, and ongoing financial and capital markets activity. Readers interested in enterprise software, AI decisioning, workflow automation, and legacy modernization can use this news feed to monitor Pegasystems’ latest developments.
Pegasystems Inc. (NASDAQ: PEGA) will report its financial results for Q3 2021 on October 27, 2021, after market close. An investor conference call is scheduled for the same day at 5:00 p.m. EDT, where participants can join via phone or webcast. Pega focuses on delivering software solutions that simplify business processes and enhance operational efficiency. The company aims to help leading brands improve customer experiences through real-time AI and low-code platforms. More details can be accessed on the company's website.
Pegasystems Inc. (NASDAQ: PEGA) announced enhancements to Pega Smart Investigate™, enabling banks to support the ISO 20022 standard for payment data communication. This upgrade allows financial institutions to seamlessly transition to this global standard ahead of the SWIFT adoption date in 2022 and the migration deadline in 2025. Pega's solution is designed to manage exceptions more efficiently and is compatible with both ISO 20022 messages and existing SWIFT formats, facilitating an improved banking experience for clients.
Pegasytems Inc. (NASDAQ: PEGA) announced a collaboration with the NSW Government to enhance the building bond management process via the Strata Hub. This initiative digitizes the Strata Building Bond and Inspections Scheme (SBBIS), providing greater transparency, efficiency, and real-time updates to developers, inspectors, and owners. The previous manual process involved cumbersome paperwork, while the new system, including the SBBIS Inspect app, streamlines reporting and communication, allowing for improved handling of bonds estimated at over $66.5 million for building defect repairs.
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Pegasystems Inc. (NASDAQ: PEGA) has announced a quarterly cash dividend of $0.03 per share, keeping its dividend program consistent. The dividend for Q4 2021 will be paid on October 15, 2021, to shareholders who are on record as of October 1, 2021. This announcement highlights Pegasystems' commitment to providing returns to its shareholders while maintaining financial stability.
Pegasystems Inc. (NASDAQ: PEGA) announced on September 2, 2021, that Ken Stillwell, COO and CFO, will present at two upcoming virtual investor conferences. The first is the Citi 2021 Virtual Global Technology Conference on September 13, 2021, at 8:00 a.m. ET, followed by the Jefferies Virtual Software Conference on September 15, 2021, at 9:30 a.m. ET. Live webcasts of these presentations will be available on Pega's Investors page, with archived presentations accessible for a limited time.
Pegasystems Inc. (NASDAQ: PEGA) will be represented by COO and CFO Ken Stillwell at the Canaccord Genuity 41st Annual Growth Conference on August 12, 2021, at 3:00 PM ET. The presentation will be accessible via a live webcast on Pega's Investors page. An archive will be available for a limited time thereafter. Pega is known for its innovative software that simplifies business operations, leveraging AI and automation to enhance service delivery and efficiency.
Pegasystems Inc. (NASDAQ: PEGA) will be presenting at virtual investor conferences on August 10 and August 11, 2021. Ken Stillwell, COO and CFO, will deliver insights during the KeyBanc Capital Markets' 2021 Technology Leadership Forum on August 10 at 3:20 PM ET and the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 11 at 8:15 AM ET. Live webcasts of these presentations will be accessible on Pega's Investors page. The company focuses on innovative software that simplifies business processes.
Pegasystems Inc. (NASDAQ: PEGA) reported a strong second quarter of 2021, with total revenue reaching $325.7 million, marking a 43% increase year-over-year. The company achieved a net income of $37.3 million compared to a loss of $20.7 million in Q2 2020, and diluted earnings per share also improved to $0.43 from ($0.26).
Annual contract value grew 22% year-over-year, driven by the growth in Pega Cloud and Client Cloud. The financial metrics indicate a significant recovery as clients increasingly prioritize digital transformation.