Overview
- Shares jumped as much as 17% following the results and were up about 10.4% by late morning trading.
- Adjusted EPS reached $0.30 versus the $0.18 consensus, and revenue rose 17% year over year to $381.4 million.
- The company returned to GAAP profitability with $43.4 million in net income, reversing a loss in the prior year.
- Total ACV increased 14%, including Pega Cloud ACV up roughly 27% to about $1.6 billion.
- Free cash flow grew 38%, and executives said AI-led momentum supports the path to 12% ACV growth and roughly $440 million in 2025 free cash flow.