Rochester,NY 8/7/2009 12:13:16 AM
Pegasystems Inc., PEGA - Pegasystems gets impressive results in recession
Pegasystems Inc.
Business Process Management (BPM) firm Pegasystems has increased guidance for the year in response to its impressive results. and it has posted recession-busting revenue figures for Q2 2009.
http://StockEinstein.com offers free daily stock alerts on companies ready to run. Sign up for our free alerts newsletter.
For the quarter ended June 30, Pegasystems recorded a 25% jump in revenue from $51.1m (£30.3m) to $63.9m (£38m). This was helped by an increase in revenue from software licences, which rose from $15.8m (£9.4m) a year ago to $25.6m (£15.2m). Over the first six months of 2009, software licence revenue rose 61%, from $33.3m (£19.8m) to $53.7m (£32m).
StockEinstein.com has a dedicated team uncovering stocks ready to break and run. We apply time tested criteria and when one of these stocks meets or exceeds our benchmarks, our subscribers are immediately notified directly to their in-box.
This is a free service available only to our subscribers. Scroll to the bottom of this page to signup for free stock alerts and visit our site.
During 2009 our alerts have resulted in an average price gain of 80%+.
Disclaimer: Full disclaimer at http://StockEinstein.com/disclaimer.php
IMPORTANT: Never invest in any stock featured in any press release, email or website unless you can afford the loss of your entire investment. Stocks and particularly penny stocks have the possibility for dramatic gains, and also losses. Neither StockEinstein, nor any of its affiliates are registered investment advisors or broker dealers.
