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Pegasystems shares fall after Q3 profit declines

By Reuters News21 hours ago Updated

** Software company Pegasystems' PEGA.O shares fall 4.6% to $34.6 in extended trading

** PEGA posts third-quarter net income of $14.1 mln, or 8 cents per share, compared with $43.4 mln, or 24 cents per share, a year earlier

** Five of 13 brokerages rate the stock "buy" or higher, eight "hold"; their median PT is $43, according to data compiled by LSEG

** As of last close, PEGA down 39.2% YTD

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