{"schema_version":"secwatch.filing_event.v1","accession":"0001013857-24-000086","form_type":"8-K","ticker":"PEGA","cik":"0001013857","company_name":"PEGASYSTEMS INC","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.881890+00:00","generated_at":"2026-06-03T09:11:13.650220+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Pega Q1 cash flow $180M, ACV up 9%, non-GAAP EPS $0.48","bullets":["Cash flow from operations and free cash flow both reached $180M in Q1 2024.","ACV grew 9% YoY to $1,273M; constant currency growth also 9%.","Total revenue $330.1M (+1% YoY); Pega Cloud revenue up 21% to $130.9M.","GAAP net loss $12.1M improved from $20.8M loss; non-GAAP net income $42.2M (EPS $0.48 vs $0.23).","Pega Cloud gross margin expanded to 77% in Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001013857-24-000086","json":"https://secwatch.observer/filing/0001013857-24-000086.json","markdown":"https://secwatch.observer/filing/0001013857-24-000086.md","text":"https://secwatch.observer/filing/0001013857-24-000086.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013857/000101385724000086/0001013857-24-000086-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013857/000101385724000086/pega-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:11:13.650220+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"28a295cfead3ac7deaa90f42b94eceb442938bd3","claim":"PEGASYSTEMS INC reported Three Months Ended March 31, 2024 results: revenue $330,147, net income $(12,124), EPS $(0.14).","evidence_excerpt":"Three Months Ended March 31, 2024 2023 Change Total revenue $ 330,147 $ 325,472 1 % Net (loss) - GAAP $ (12,124) $ (20,774) 42 % Net income - non-GAAP $ 42,154 $ 19,220 119 % Diluted (loss) per share - GAAP $ (0.14) $ (0.25) 44 % Diluted earnings per share - non-GAAP $ 0.48 $ 0.23 109 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013857/000101385724000086/0001013857-24-000086-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three Months Ended March 31, 2024"},{"label":"Revenue","value":"$330,147"},{"label":"Net income","value":"$(12,124)"},{"label":"EPS","value":"$(0.14)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}