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Pegasystems: 2Q Earnings Snapshot

August 7, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PEGA at https://www.zacks.com/ap/PEGA

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