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Mar 31, 2020
Pegasystems Q1 2020 Earnings Report
Pegasystems' Q1 2020 revenue increased, driven by Pega Cloud growth and overall ACV expansion.
Key Takeaways
Pegasystems Inc. reported a solid Q1 2020 with a 25% increase in total revenue, driven by a 57% increase in Pega Cloud revenue. Total ACV grew by 21% year over year to $711 million, and the business has over 90% visibility into the 2020 revenue target.
Total revenue increased by 25% year-over-year.
Pega Cloud revenue increased by 57% year-over-year.
Total ACV grew by 21% year-over-year to $711 million.
Pega Cloud ACV increased by 43% year-over-year to $182 million.
Revenue by Segment
Forward Guidance
Pegasystems sees opportunity to further expand its value proposition with existing and new clients.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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