Pegasystems Inc. (NASDAQ:PEGA) Q3 2020 Earnings Conference Call - Final Transcript

Oct 28, 2020 • 05:00 pm ET

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Pegasystems Inc. (NASDAQ:PEGA) Q3 2020 Earnings Conference Call - Final Transcript

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Presentation
Executive
Kenneth Stillwell

the period with total cash and marketable securities of $468 million on September 30, 2020, compared to $512 million at the end of the prior quarter. During the first nine months, we returned about $84 million to shareholders comprised of dividends, buybacks and net settlements and equity.

We ended the quarter with over 5,700 employees worldwide, an increase of 13% from one year ago. In conclusion, we're looking forward to Q4 and closing out 2020, a year that's truly been like no other in history of enterprise software. Like our peers, we always have quite a bit of wood to chop in Q4 because it's a critically-important sales quarter. We're focused on finishing the year strong, positioning our company to deliver even higher growth rates and margins in the future.

Operator, please open the line for questions.