By Stephen Nakrosis

Shares of Pegasystems were trading higher in the after-hours market, following the release of third-quarter financial results which showed the company swinging to a gain in the period.

After the bell, the company's shares were up 13%, at $64.71. The stock hit a 52-week intraday high of $61 on Sept. 24.

The shares closed the day's regular session with a 4.1% gain, at $57.05.

For the third quarter, Pegasystems announced earnings per share of 24 cents on revenue of $381.4 million. In the prior-year period, the company had a loss per share of 8 cents on revenue of $325 million.

On an adjusted basis, the company reported third-quarter EPS of 30 cents, above the 19 cents reported in the year ago period.

Pegasystems also said its annual contract value grew 14% year over year.

Alan Trefler, the software company's founder and chief executive officer, said Pegasystems' differentiated AI strategy continues to resonate with clients, prospects, and partners.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

October 21, 2025 17:17 ET (21:17 GMT)

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