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Provider: Wright Reports
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Pegasystems Inc Issues FY 2013 Guidance Above Analysts' Estimates; Comments On H1 2013 Revenue Guidance


Wednesday, 20 Feb 2013 04:29pm EST 

Pegasystems Inc announced that for fiscal 2013, it forecasts annual revenues targeting $510 million and net income of approximately $33.2 million or $0.83 per diluted share on a GAAP basis, or $48.1 million or $1.20 per diluted share (EPS) on a Non-GAAP basis. Similar to years past, the Company expect 2013 will be back-end loaded, and therefore revenue for the first half of 2013 is anticipated to be about 45% of annual guidance. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $479 million, net income of $35.5 million and EPS of $0.90 for fiscal 2013; and revenue of $113.26 million for the first quarter of 2013 and revenue of $115.66 million for the second quarter of 2013. 

Company Quote

22.05
-0.34 -1.52%
3:20pm EDT