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Stock impact report

Q2 Earnings Roundup: Dropbox (NASDAQ:DBX) And The Rest Of The Productivity Software Segment [Yahoo! Finance]

Pegasystems Inc. (PEGA) 
Last pegasystems inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pega.com/about/investors
Company Research Source: Yahoo! Finance
Rising employee costs and the shift to more remote work has increased the ever-present pressure to improve corporate productivity, which in turn has driven rising demand for productivity software that enables remote work, streamline project management and automate business tasks. The 16 productivity software stocks we track reported a mixed Q2. As a group, revenues beat analysts' consensus estimates by 1.7% while next quarter's revenue guidance was 0.5% below. The Fed cut its policy rate by 50bps (half a percent) in September 2024, the first in roughly four years. This marks the end of its most pointed inflation-busting campaign since the 1980s. While CPI (inflation) readings have been supportive lately, employment measures have bordered on worrisome. The markets will be assessing whether this rate cut's timing (and more potential ones in 2024 and 2025) is ideal for supporting the economy or a bit too late for a macro that has already cooled too much. In light of this news, pro Show less Read more
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