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Pegasystems: 3Q Earnings Snapshot

CAMBRIDGE, Mass. (AP) _ Pegasystems Inc. (PEGA) on Thursday reported a loss of $30.3 million in its third quarter.

On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 38 cents. Losses, adjusted for one-time gains and costs, were 23 cents per share.

The business software company posted revenue of $216.7 million in the period.

Pegasystems shares have increased 60% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $76.40, a rise of 38% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PEGA at https://www.zacks.com/ap/PEGA