12:01 PM EDT, 07/25/2024 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.)

Pegasystems ( PEGA ) shares rose 13% in recent Thursday trading, a day after the company reported Q2 non-GAAP diluted earnings of $0.52 per share, up from $0.01 a year earlier.

Analysts polled by Capital IQ expected $0.29.

Revenue in the quarter ended June 30 climbed to $351.2 million from $298.3 million a year earlier.

Analysts polled by Capital IQ expected $324.7 million.

Price: 68.86, Change: +7.76, Percent Change: +12.70