Pegasystems Inc - PEGA STOCK NEWS

Pegasytems Inc. (NASDAQ: PEGA) announced a collaboration with the NSW Government to enhance the building bond management process via the Strata Hub. This initiative digitizes the Strata Building Bond and Inspections Scheme (SBBIS), providing greater transparency, efficiency, and real-time updates to developers, inspectors, and owners. The previous manual process involved cumbersome paperwork, while the new system, including the SBBIS Inspect app, streamlines reporting and communication, allowing for improved handling of bonds estimated at over $66.5 million for building defect repairs.

Pegasystems Inc. (NASDAQ: PEGA) has announced a quarterly cash dividend of $0.03 per share, keeping its dividend program consistent. The dividend for Q4 2021 will be paid on October 15, 2021, to shareholders who are on record as of October 1, 2021. This announcement highlights Pegasystems' commitment to providing returns to its shareholders while maintaining financial stability.

Pegasystems Inc. (NASDAQ: PEGA) announced on September 2, 2021, that Ken Stillwell, COO and CFO, will present at two upcoming virtual investor conferences. The first is the Citi 2021 Virtual Global Technology Conference on September 13, 2021, at 8:00 a.m. ET, followed by the Jefferies Virtual Software Conference on September 15, 2021, at 9:30 a.m. ET. Live webcasts of these presentations will be available on Pega's Investors page, with archived presentations accessible for a limited time.

Pegasystems Inc. (NASDAQ: PEGA) will be represented by COO and CFO Ken Stillwell at the Canaccord Genuity 41st Annual Growth Conference on August 12, 2021, at 3:00 PM ET. The presentation will be accessible via a live webcast on Pega's Investors page. An archive will be available for a limited time thereafter. Pega is known for its innovative software that simplifies business operations, leveraging AI and automation to enhance service delivery and efficiency.

Pegasystems Inc. (NASDAQ: PEGA) will be presenting at virtual investor conferences on August 10 and August 11, 2021. Ken Stillwell, COO and CFO, will deliver insights during the KeyBanc Capital Markets' 2021 Technology Leadership Forum on August 10 at 3:20 PM ET and the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 11 at 8:15 AM ET. Live webcasts of these presentations will be accessible on Pega's Investors page. The company focuses on innovative software that simplifies business processes.

Pegasystems Inc. (NASDAQ: PEGA) reported a strong second quarter of 2021, with total revenue reaching $325.7 million, marking a 43% increase year-over-year. The company achieved a net income of $37.3 million compared to a loss of $20.7 million in Q2 2020, and diluted earnings per share also improved to $0.43 from ($0.26).

Annual contract value grew 22% year-over-year, driven by the growth in Pega Cloud and Client Cloud. The financial metrics indicate a significant recovery as clients increasingly prioritize digital transformation.

Accenture and Pegasystems have launched PostingConnect, a new technology platform designed to streamline the relocation process for the Australian Defence Force (ADF). This initiative aims to assist nearly 20,000 ADF members and their families who relocate each year. PostingConnect simplifies and automates the relocation process, providing a user-friendly mobile app that enables service members to manage logistics and receive timely reminders. The Department of Defence has expressed satisfaction with the platform, highlighting its significant positive impact on ADF personnel and their families.