Loading...
•
Sep 30, 2020
Pegasystems Q3 2020 Earnings Report
Pegasystems' financial results for Q3 2020 were released, showing resilience and success in a challenging environment.
Key Takeaways
Pegasystems' Q3 2020 results demonstrated the company's ability to succeed during a challenging time, with subscription revenue growing and Pega Cloud ACV increasing significantly.
Pega Cloud ACV increased by 57% to $232 million.
Total ACV grew by 21% to $777 million.
Backlog increased by 38% to $838 million.
Pega Cloud mix grew to 66% of new client commitments in Q3 2020.
Revenue by Segment
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
Loading earnings performance data...
Loading earnings reaction data...