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Dec 31, 2019
Pegasystems Q4 2019 Earnings Report
Pegasystems reported strong Q4 results, marking the end of a solid year, with expectations for continued growth in the new decade.
Key Takeaways
Pegasystems Inc. reported a strong Q4 2019, with total revenue reaching $276.54 million. The company's ACV increased by 22% year over year, reaching $693 million, and backlog increased by 33% to $836 million.
Total ACV increased 22% year over year, reaching $693 million.
Total Backlog increased by 33% to $836 million.
Pega Cloud ACV grew 54% in 2019.
Pega Cloud Backlog was up 41% to $422 million.
Pegasystems
Pegasystems
Pegasystems Revenue by Segment
Revenue by Segment
Pega Cloud Revenue
CapyFin.comSubscription License Revenue
CapyFin.comConsulting Revenue
CapyFin.comPerpetual License Revenue
CapyFin.comMaintenance Revenue
CapyFin.com Forward Guidance
Pegasystems provided guidance for the year 2020, with revenue expected to be $1.1 billion and non-GAAP EPS of $0.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income