VANCOUVER, BC / ACCESSWIRE / November 5, 2024 / Pegasus Resources Inc. (TSXV:PEGA)(Frankfurt:0QS0)(OTC PINK:SLTFF) (the "Company" or "Pegasus") is excited to announce a significant advancement in its uranium exploration initiatives with the approval of our Notice of Intention (NOI) to Commence Exploration for the 100% owned Energy Sands and Jupiter projects. This sets the stage for a transformative drilling campaign in Utah, a key region for uranium development and production.
Alan Trefler, CEO of Pegasystems, discusses how the company's workflow automation AI systems are helping customers big and small become more efficient.
Pegasystems Inc. (NASDAQ:PEGA ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Peter Welburn - Vice President, Investor Relations Alan Trefler - Founder, Chief Executive Officer & of the Board Ken Stillwell - Chief Operating Officer & Chief Financial Officer Conference Call Participants Steve Enders - Citi Jake Roberge - William Blair Rishi Jaluria - RBC Pinjalim Bora - JPMorgan Austin Cole - Citizens JMP Dan Ives - Wedbush Securities Mark Schappel - Loop Capital Markets Blair Abernethy - Rosenblatt Operator Ladies and gentlemen, thank you for standing by. My name is Krista and I'll be your conference operator today.
Pegasystems stock jumped over 6% after hours despite missing revenue estimates, driven by strong near-term prospects and a solid balance sheet. Pegasystems' innovative Pega GenAI Blueprint boosts business efficiency, with annual contract value up 16% y/y, indicating ongoing growth. Pegasystems is attractively priced at 17x next year's free cash flow, with a net cash position of $200 million and strong backlog growth.
Although the revenue and EPS for Pegasystems (PEGA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Pegasystems (PEGA) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.44 per share a year ago.
Pegasystems (PEGA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Pegasystems' legal setback was reversed, and AI integration is driving higher subscription revenues and improved free cash flow, indicating a strong upside potential. The company reported $351 million in Q2 2024 sales with improved gross margins, driven by efficient AI-led automation and cost control measures. Despite strong competition, Pegasystems' strategic partnerships and nimble go-to-market strategy position it well for continued growth and profitability.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / September 3, 2024 / Pegasus Resources Inc. (TSXV:PEGA)(Frankfurt:0QS0)(OTC PINK:SLTFF) (the "Company" or "Pegasus") is pleased to announce that it has closed the first tranche of the non-brokered private placement previously announced July 22, 2024, raising gross proceeds of $647,640.00. A total of 4,047,750 units of the Company (the "Units", and each a "Unit") were issued at a price of $0.16 per Unit (the "Offering").
Does Pegasystems (PEGA) have what it takes to be a top stock pick for momentum investors? Let's find out.
PEGA is recommended as a buy due to growth acceleration and profitability improvement. Strong 2Q24 results show revenue growth and margin sustainability, indicating growth inflection. Market trends and PEGA's AI focus support continued growth acceleration and margin expansion, with the potential for valuation multiples to increase.
The headline numbers for Pegasystems (PEGA) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.