Financial PerformanceFree cash flow continues to improve; TTM unadjusted FCF is up 11% Y/Y and a now debt-free balance sheet unlocks what we anticipate will be significant repurchases under a $500M authorization.
InnovationThe announcement of the Pega Agent Experience, incorporating AI agents, demonstrates innovation and potential for future growth.
Market ExpansionManagement highlighted that its target market now includes over 10,000 companies, up from its prior target of 1,000 companies.
Product ExpansionThe company announced new products and provided updates on its opportunity with Blueprint, which are helping to expand the company’s addressable market.