Pegasystems shares fall after Q3 profit declines
PEGA•Pegasystems reported third-quarter net income of $14.1 million, down from $43.4 million a year earlier, and its shares fell 4.6% in extended trading.
PEGA•PEGA•PEGA•Pegasystems reported third-quarter net income of $14.1 million, down from $43.4 million a year earlier, and its shares fell 4.6% in extended trading.
Pegasystems reported third-quarter net income of $14.1 million, or 8 cents per share, compared with $43.4 million, or 24 cents per share, a year earlier. Its shares fell 4.6% in extended trading; five of 13 brokerages rated the stock buy or higher, while eight rated it hold, and the median price target was $43.
