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via finance.yahoo.comBusiness & Companies

Pegasystems falls as third-quarter results miss estimates

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Pegasystems Inc (NASDAQ:PEGA) reported third-quarter results that fell short of analyst expectations, with both earnings and revenue missing consensus estimates. The company posted adjusted earnings per share of $0.35, compared to the analyst estimate of $0.49…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishEarnings and revenue below consensus can weigh on the stock in the short term.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted earnings per share were $0.35 versus an analyst estimate of $0.49.
  2. 02Revenue of $393.4 million came in below the $421.8 million consensus.
  3. 03Shares fell 3.4% in after-hours trading on Tuesday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Pegasystems Inc.PEGAStock36.23 USDMarket closedtoday +3.40%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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