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Why Pegasystems Stock Dropped After Earnings
The Motley Fool· 2026-10-22 01:49
Analysts had forecast Pegasystems would earn $0.49 per share on $421.8 million in sales in Q3, but the company actually earned only $0.35 per share, and its sales came in below $393.4 million. Image source: Getty Images. Pegasystems Q3 earnings Pegasystems grew its sales 3% year over year in Q3, but its GAAP profits plunged 68% and earnings per share 67%. Not only did Pegasystems miss on earnings -- its "$0.35" profit was only a non-GAAP number; actual earnings calculated under generally accepted accounting ...