PEGA - Pegasystems Inc. (PEGA) Q1 2024 Earnings Call Transcript

2024-04-25 11:28:09 ET

Pegasystems Inc. (PEGA)

Q1 2024 Earnings Conference Call

April 25, 2024 08:00 ET

Company Participants

Peter Welburn - Vice President, Corporate Development and Investor Relations

Alan Trefler - Founder and Chief Executive Officer

Ken Stillwell - Chief Operating Officer and Chief Financial Officer

Conference Call Participants

Raimo Lenschow - Barclays

Kevin Kumar - Goldman Sachs

Pinjalim Bora - JPMorgan

Rich Poland - RBC Capital Markets

Jake Roberge - William Blair

Dan Ives - Wedbush

Steve Enders - Citi

Austin Cole - Citizens JMP

Mark Schappel - Loop Capital Markets

Blair Abernethy - Rosenblatt Securities

Tom Blakey - KeyBanc Capital Markets

Presentation

Operator

Thank you for standing by. My name is Jeanie and I will be your conference operator today. At this time, I would like to welcome everyone to the Pegasystems 1Q 2024 Earnings Call and Webcast Conference. [Operator Instructions] Thank you. I would now like to turn the conference over to Peter Welburn, Vice President of Corporate Development and Investor Relations. You may begin.

Peter Welburn

Thanks, Jeanie. Good morning, everyone and welcome to Pegasystems Q1 2024 earnings call.

Before we begin, I would like to read our Safe Harbor statement. Certain statements contained in this presentation maybe construed as forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The words expects, anticipates, intends, plans, believes, will, could, should, estimates, may, forecast and guidance or variations of such words and other similar expressions identify forward-looking statements, which speak only as of the date the statement was made and are based on current expectations and assumptions. Because such statements deal with future events, they are subject to various risks and uncertainties. Actual results for fiscal year 2024 and beyond could differ materially from the company’s current expectations.

Factors that could cause the company’s results to differ materially from those expressed in forward-looking statements are contained in the company’s press release announcing its Q1 2024 results and in the company’s filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2023 and in other recent filings with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on such forward-looking statements and there are no assurances that the matters contained in such statements will be achieved. Although subsequent events may cause our views to change, except as required by applicable law, we do not undertake and specifically disclaim any obligations to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise....

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