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Benzinga
Benzinga
Business
Anusuya Lahiri

YOU WONT BELIEVE: Pegasystems affirms outlook as cloud strategy powers momentum - What They Never Told You

Stuttgart,,Germany,-,12-11-2024:,Person,Holding,Smartphone,With,Logo,Of

Pegasystems Inc. (NASDAQ:PEGA) exceeded expectations in its fiscal second-quarter 2025 results, demonstrating strong momentum driven by its cloud strategy.

The enterprise software company reported robust increases in both overall revenue and a significant surge in cloud revenue, along with key growth metrics like Annual Contract Value (ACV).

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