NasdaqGS:PEGASoftware
Did Surging Cloud Backlog and AI Momentum Just Shift Pegasystems' (PEGA) Investment Narrative?
Pegasystems recently reported second-quarter 2025 non-GAAP earnings and revenues that exceeded estimates, supported by robust growth in cloud subscriptions and continued momentum from its AI strategy.
Cloud backlog rose to about US$1.32 billion, an increase of 30% year over year, providing the company with strong revenue visibility and indicating healthy future demand for its subscription-based solutions.
We'll explore how the substantial jump in cloud backlog impacts Pegasystems' broader...