ACV Growth - Total ACV grew by $105 million in constant currency[18], reaching $613 million as of June 30, 2019, a 21% increase[19] compared to $508 million on June 30, 2018[19] - License and Cloud ACV grew by 35%[19], while Maintenance ACV grew by 7%[19] - Pega Cloud Remaining Performance Obligation (RPO)/Backlog increased by 69%[29], or $148 million, from $214 million on June 30, 2018 to $362 million on June 30, 2019[29] Cloud Adoption - Pega Cloud ACV grew by 66%[26], reaching $136 million as of June 30, 2019[26] - Client Cloud ACV grew by 12%[26], reaching $477 million as of June 30, 2019[26] Financial Performance - Total revenue was $2056 million in Q2 2019[40] - Free cash flow was $(171) million in Q2 2019[38]

Pegasystems Inc. (NASDAQ:PEGA) Q2 2019 Earnings Conference Call August 7, 2019 5:00 PM ET Company Participants Alan Trefler - Founder and Chief Executive Officer Ken Stillwell - Chief Financial Officer, Chief Administrative Officer and Senior Vice President Conference Call Participants Rishi Jaluria - D.A. Davidson Austin Williams - Wedbush Securities Operator Good day and welcome to the Pegasystems Second Quarter 2019 Earnings Conference Call. Today's conference is being recorded. At this time, I would lik ...

EXHIBIT 99.1 Pega Cloud Soars in First Quarter 2019 • Pega Cloud ACV of $129 million, up 76% • Pega and Client Cloud ACV of $591 million, up 20% powered by Pega Cloud Choice™ • Pega Cloud revenue up 78% CAMBRIDGE, Mass. — May 7, 2019 — Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, released its financial results for the first quarter of 2019. "We're off to a solid start for 2019," said Alan Trefler, founder and CEO, Pegasystems. "W ...