Pegasystems: 2Q Earnings Snapshot
CAMBRIDGE, Mass. (AP) _ Pegasystems Inc. (PEGA) on Wednesday reported a loss of $32.3 million in its second quarter.
The Cambridge, Massachusetts-based company said it had a loss of 41 cents per share. Losses, adjusted for one-time gains and costs, came to 30 cents per share.
The business software company posted revenue of $205.6 million in the period.
Pegasystems shares have risen 44% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $69.10, a climb of 19% in the last 12 months.