2024-02-20 11:33:37 ET
Summary
- Pegasystems recently beat revenue and earnings estimates in its Q4 2023 financial results.
- PEGA operates in the Workflow Automation market, which is expected to grow at a CAGR of 9.5% from 2024 to 2029.
- The company has generated good revenue growth, excellent operating leverage with strong free cash flow per share.
- I'm Bullish on PEGA in the near term.
Investment Outlook
Pegasystems ( PEGA ) recently reported its Q4 2023 financial results, handily beating both revenue and earnings estimates.
I previously wrote about PEGA in July 2023 with a Neutral Hold outlook on the potential for AI-related performance but tepid customer activity....
Read the full article on Seeking Alpha
For further details see:
Pegasystems Shows Operating Leverage Success