Pegasystems Inc . (NASDAQ:PEGA) reported strong fourth-quarter 2024 earnings, surpassing Wall Street forecasts with an earnings per share (EPS) of $1.61 compared to the expected $1.47. Revenue also exceeded expectations,

Pegasystems (PEGA) delivered earnings and revenue surprises of 5.92% and 1.76%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Pegasystems Inc. (PEGA) on Wednesday reported fourth-quarter earnings of $119.1 million. The Cambridge, Massachusetts-based company said it had profit of $1.25 per share. Earnings, adjusted for one-time gains and costs, were $1.61 per share.

For the quarter ended December 2024, Pegasystems (PEGA) reported revenue of $490.83 million, up 3.5% over the same period last year. EPS came in at $1.61, compared to $1.77 in the year-ago quarter. The reported revenue represents a surprise of +1.

PEGA's fourth-quarter 2024 results are likely to benefit from increased adoption of GenAI Blueprint tool and Pega Cloud platform.