SAN FRANCISCO (Thomson Financial) - Pegasystems Inc. late Thursday reported
fourth-quarter net earnings of $1.42 million, or 4 cents a share, versus $4.42
million, or 9 cents a share, a year earlier.
Revenue for the quarter ended Dec. 31 rose to $46.8 million from $36 million
a year earlier.
The company sees net earnings in 2008 of around $9 million to $12 million.
Pegasystems said its revenue could be 10% less than or greater than its
guidance of around $200 million because of the instability of the current
economic environment.
Shares of the Cambridge, Mass.-based business process management company
closed the regular session down 47 cents, or about 4.9%, at $9.15.
Brigid Gaffikin
bg/gm
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