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Dec 31, 2021
Pegasystems Q4 2021 Earnings Report
Pegasystems reported strong growth driven by demand for digital transformation projects.
Key Takeaways
Pegasystems' Q4 2021 results showed strong growth with ACV exceeding $1 billion. The company is focused on becoming the enterprise standard workflow engine.
Annual contract value exceeded $1 billion.
ACV grew 20 percent year over year.
Total Backlog was up 25 percent year over year to $1.3 billion.
2022 Revenue Guidance of $1.46 billion - $1.49 billion
Revenue by Segment
Forward Guidance
Pegasystems provided 2022 revenue guidance of $1.46 billion - $1.49 billion.
Positive Outlook
- Annual contract value growth 20 - 22%
- Revenue $1.46 - $1.49 billion
- Net income (loss) $(71.7) - $(50.4) million
- Diluted earnings (loss) per share $(0.89) - $(0.62)
- Net Income (Non-GAAP) $64.7 - $86.0
Challenges Ahead
- Net loss (GAAP) $(71.7) - $(50.4) million
- Diluted earnings (loss) per share - GAAP $(0.89) - $(0.62)
- Stock-based compensation 146.2
- Litigation 24.0
- Convertible senior notes 2.7
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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