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) provides cutting-edge customer engagement and business process management solutions for global enterprises. This news hub offers investors and professionals centralized access to official announcements, financial updates, and strategic developments from the leader in AI-powered CRM software.
Track PEGA's latest earnings reports, product innovations, and partnership announcements alongside analysis of their market impact. Our curated collection includes regulatory filings, leadership updates, and technology breakthroughs related to their cloud-native Pega Infinity platform.
Key coverage areas include enterprise software trends, digital transformation initiatives, and competitive positioning in the BPM sector. Bookmark this page for real-time updates on PEGA's solutions for financial services, healthcare, and insurance industries - sectors where operational efficiency directly impacts competitive advantage.
Pegasystems (PEGA) is set to join the S&P MidCap 400 index, replacing Nordstrom (JWN) effective prior to market opening on May 22, 2025. The change comes as Nordstrom is being acquired by the Nordstrom family and El Puerto de Liverpool S.A.B. de C.V. in a deal expected to close on May 20. Pegasystems, classified under the Information Technology sector, will take Nordstrom's place, which was previously listed under the Consumer Discretionary sector in the index.
Pegasystems (NASDAQ: PEGA) has announced an in-person Investor Session at their annual user conference, PegaWorld® 2025. The session will be held at the MGM Grand in Las Vegas on Monday, June 2, 2025, at 12:00 p.m. PDT (3:00 p.m. EDT). The event will be hosted by Ken Stillwell, COO and CFO of Pega, and will include a business and financial update on the company.
The session will be accessible via audio webcast, with a replay available on Pega's Investors page. Investors can submit questions in advance via email or during the live webcast through the provided webinar link.
Pegasystems (NASDAQ: PEGA) has been named a category leader in Client Lifecycle Management (CLM) solutions by Chartis Research in their 2025 Quadrant Update report for corporate and investment banking. The company received the highest possible scores in workflow automation and policy management categories among 15 evaluated solutions.
Chartis highlighted Pega's innovative GenAI strategy across multiple CLM areas, including summaries, report generation, and automation. Pega Client Lifecycle Management, built on Pega Platform, helps financial institutions streamline onboarding, KYC due diligence, maintenance, and offboarding processes across jurisdictions. The solution's dynamic rules engine ensures compliance with global and local regulations.
Pegasystems (NASDAQ: PEGA), known as The Enterprise Transformation Company™, has announced its participation in a major upcoming investor event. Alan Trefler, founder and CEO, and Ken Stillwell, COO and CFO, will present at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference.
The presentation is scheduled for May 13, 2025, at 4:30 p.m. EDT (1:30 p.m. PDT) and will be held in-person in Boston, MA. Investors and interested parties can access the presentation recording through Pega's website's Investors page for a limited time after the event.
Pegasystems (NASDAQ: PEGA) reported strong Q1 2025 financial results, driven by GenAI transformation and subscription model benefits. Total revenue increased 44% to $475.6 million, with Annual Contract Value (ACV) growing 13% year-over-year to $1.45 billion. Pega Cloud ACV showed impressive growth of 23% year-over-year.
The company achieved significant financial milestones, including operating cash flow of $204 million and free cash flow of $202 million. GAAP net income reached $85.4 million ($0.91 per diluted share), compared to a loss in the previous year. Non-GAAP net income surged 233% to $140.5 million ($1.53 per diluted share).
Subscription revenue, representing 87% of total revenue, grew 50% to $414 million. The company's backlog expanded by 21% year-over-year, demonstrating strong future growth potential.
Pegasystems (NASDAQ: PEGA) has been named a Leader in the Gartner Magic Quadrant for Process Mining Platforms, advancing from its previous Visionary position. The evaluation covered 16 vendors based on Completeness of Vision and Ability to Execute.
The assessment focused on Pega Platform combined with Pega Workforce Intelligence and Pega Process Mining, which together provide comprehensive business process analysis and optimization through AI-powered insights. The evaluation also included Pega GenAI Blueprint, their app design-as-a-service tool for rapid workflow design.
This recognition adds to Pega's recent analyst acknowledgments, including Leadership positions in Forrester Wave reports for CRM Software, Real-Time Interaction Management, Customer Service Solutions, and Task-Centric Automation Software, as well as the Gartner Magic Quadrant for CRM Customer Engagement Center 2024.