Pegasystems, Inc. (NASDAQ:PEGA) Q1 2022 Earnings Conference Call April 28, 2022 5:00 PM ET

Company Participants

Alan Trefler - Founder, Chief Executive Officer & Chairman of the Board

Kenneth Stillwell - Chief Operating Officer & Chief Financial Officer

Conference Call Participants

Pinjalim Bora - JPMorgan

Steve Koenig - SMBC Nikko

Rishi Jaluria - RBC

Joseph Meares - Truist

Vinod Srinivasaraghavan - Barclays

Mark Schappel - Loop Capital

Joey Marincek - JMP Securities

Fred Havemeyer - Macquarie

Operator

Good afternoon and welcome to the Pegasystems First Quarter 2022 Earnings Results Conference Call. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Ken Stillwell, Chief Operating Officer and Chief Financial Officer. Please go ahead.

Kenneth Stillwell

Thank you. Good evening, ladies and gentlemen and welcome to Pegasystems' Q1 2022 earnings call.

Before we begin, I would like to read our safe harbor statement. Certain statements contained in this presentation may be construed as forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The words expects, anticipates, intends, plans, believes, will, could, should, estimates, may, targets, strategies, projects, forecasts, guidance, likely and usually or variations of such words or other similar expressions identify forward-looking statements which speak only as of the date the statement was made and are based on current expectations and assumptions. Because such statements deal with future events, they are subject to various risks and uncertainties. Actual results for the fiscal year 2022 and beyond could differ materially from the company's current expectations. Factors that could cause the company's results to differ materially from those expressed in forward-looking statements are contained in the company's press release announcing it’s Q1 2022 earnings and in the company's filings with the Securities and Exchange Commission, including it’s annual report on Form 10-K for the year ended December 31, 2021 and other recent filings with the SEC. Investors are cautioned not to place undue reliance on such forward-looking statements and there are no assurances that the matters contained in such statements will be achieved. Although subsequent events may cause our view to change, except as required by applicable law, we do not undertake and specifically disclaim any obligation to publicly update or revise these forward-looking statements whether as the result of new information, future events or otherwise.

And with that, I'll turn the call over to Alan Trefler, Founder and CEO of Pegasystems.