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Pegasystems Inc. (PEGA) Dropped To A 3-Month Low After Q2 Miss

Pegasystems Inc. (PEGA) reported second quarter non-GAAP EPS of $0.15 after the close Wednesday, down from $0.19 a year ago. Analysts expected EPS of $0.17.

Pegasystems traded to the downside for the majority of Thursday's session and closed lower by 6.30 at $52.00 on above average volume. The stock dropped below a trading range at the highs of the year and set a 3-month low.

by RTT Staff Writer

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