Devin Oh's questions to Pegasystems Inc (PEGA) leadership • Q4 2024
Question
Devin Oh asked for color on Q4 performance, specifically regarding any year-end budget flush, and inquired about trends in the U.S. federal business given the administration's focus on efficiency.
Answer
CFO Kenneth Stillwell reported that Q4 was a 'pretty normal quarter' with no unusual year-end budget flush activity. Regarding the federal sector, CEO Alan Trefler expressed confidence, and Stillwell added that Pega's solutions are well-positioned as they focus on improving constituent interactions, an area less likely to face budget cuts compared to general 'wasteful spend.'