Pegasystems Q3 Adj. EPS $0.35 Misses $0.48 Estimate, Sales $393.359M Miss $422.041M Estimate

Pegasystems (NASDAQ: PEGA) reported Q3 adjusted earnings per share of $0.35, missing the analyst estimate of $0.48 by 27.08%. Despite this miss, the earnings reflect a 16.67% increase from $0.30 per share in the same period last year. The company's quarterly sales were $393.359 million, falling short of the $422.041 million estimate by 6.80%, but showing a 3.15% increase from $381.350 million year-over-year.