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Dec 31, 2020
Pegasystems Q4 2020 Earnings Report
Cloud growth drove Pega through $1 billion milestone in 2020.
Key Takeaways
Pegasystems' Q4 2020 results showed strong growth, with total revenue exceeding $1 billion for the first time. Pega Cloud ACV grew significantly, and the company provided 2021 revenue guidance of $1.25 billion.
Pega Cloud ACV grew more than 50% to $267 million.
Total Backlog up 28% to over $1 billion.
Total Revenue Exceeded $1 billion for the first time.
2021 Revenue Guidance of $1.25 billion.
Revenue by Segment
Forward Guidance
Pegasystems provided revenue guidance for the year ended December 31, 2021, expecting GAAP and Non-GAAP revenue of $1.25 billion. They anticipate a GAAP net loss of $(115.2) million and a Non-GAAP net income of $21.5 million.
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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