Pegasystems Q4 ACV reaches $1B for first time; revenue up 6% YoY; FY2022 revenue guidance $1.46-1.49B

PEGASYSTEMS INC

2021-FY EPS reported -$0.77 revenue$1,211,653,000

ACV exceeded $1B in Q4 2021, up 20% YoY; total backlog up 25% to $1.3B.
Q4 revenue $316.2M (+6% YoY); GAAP net loss $(37.2M) vs income $4.0M prior year.
Full-year 2021 revenue $1.21B (+19% YoY); non-GAAP net income $18.8M vs loss $26.4M prior.
FY2022 guidance: revenue $1.46-1.49B, ACV growth 20-22%; non-GAAP EPS $0.75-$1.00.
President Hayden Stafford resigns to join pre-IPO tech firm; Leon Trefler named Chief of Clients and Markets.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Hayden Stafford

President of Global Client Engagement

PEGA · PEGASYSTEMS INC

Successor: Leon Trefler
Filed: February 16, 2022, 6:59 PM ET

On February 14, 2022, Hayden Stafford, President of Global Client Engagement, informed Pegasystems Inc. (the “Company”) that he has accepted an executive role at a Pre-IPO technology company.

Appointed

Leon Trefler

Chief of Clients and Markets

PEGA · PEGASYSTEMS INC

Filed: February 16, 2022, 6:59 PM ET

On February 16, 2022, the Company announced that it has appointed Leon Trefler as the Company’s Chief of Clients and Markets.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Hayden Stafford resigned as President of Global Client Engagement at PEGASYSTEMS INC.

Action: resigned
Role: President of Global Client Engagement

Exact text from the filing

On February 14, 2022, Hayden Stafford, President of Global Client Engagement, informed Pegasystems Inc. (the “Company”) that he has accepted an executive role at a Pre-IPO technology company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Leon Trefler was appointed as Chief of Clients and Markets at PEGASYSTEMS INC.

Action: appointed
Role: Chief of Clients and Markets

Exact text from the filing

On February 16, 2022, the Company announced that it has appointed Leon Trefler as the Company’s Chief of Clients and Markets.

View on SEC.gov

PEGASYSTEMS INC filing history →

Source: SEC EDGAR

accession 0001013857-22-000043

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