EX 99.1 PTC ANNOUNCES SECOND FISCAL QUARTER 2024 RESULTS Solid ARR and Cash Flow in Q2 of Fiscal 2024 Updating Fiscal 2024 and Mid-Term Targets BOSTON, MA, May 1, 2024 - PTC (NASDAQ: PTC) today reported financial results for its second fiscal quarter ended March 31, 2024. “In our second fiscal quarter, we again delivered solid results. We have a differentiated strategy that leverages our unique product portfolio to enable our customers with their digital transformation journeys. Our consistent ARR and free ...

The upcoming report from PTC Inc. (PTC) is expected to reveal quarterly earnings of $1.23 per share, indicating an increase of 6% compared to the year-ago period. Analysts forecast revenues of $575.53 million, representing an increase of 6.2% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company announces its earnings, it is esse ...

PTC Inc (PTC) is slated to report second-quarter fiscal 2024 results on May 1.The Zacks Consensus Estimate for revenues is pegged at $575.5 million, suggesting growth of 6.2% from a year ago. The consensus estimate for earnings is pegged at $1.23 per share, indicating an increase of 6% from the prior year.The company has a trailing four-quarter earnings surprise of 6.2%, on average.Factors to ConsiderIncreasing demand for products, especially digital transformation and software-as-a-service or SaaS, across ...

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading retail product lifecycle management (RPLM) vendors. PTC, with its comprehensive technology for Retail Product Lifecycle Management (RPLM), receives the highest ratings across the parameters of technology excellence and customer impact. MIDDLETON, Mass., April 25, 2024 /PRNewswire/ -- Quadrant Knowledge Solutions announced today that it has named PTC as the 2024 Outright Leader in the SPARK Matrix analysis ...

PTC Inc (PTC) and Trax have collaborated to integrate Trax's platforms with PTC's Servigistics. The collaboration aims to develop innovative joint solutions that enhance efficiency and redefine service supply-chain optimization in airline and MRO maintenance activities.Servigistics is a service parts optimization solution that utilizes artificial intelligence, machine learning, and advanced data science to solve complex service supply-chain problems. Its features are specifically designed to enable business ...

BOSTON, April 10, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2024 second quarter results on Wednesday, May 1st after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, May 1st at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Invest ...

This isn't an argument about whether PTC (PTC -0.46%) or Trimble (TRMB 0.94%) is the better company; both are great and have excellent long-term prospects. Instead, I think one stock has a notably better risk/reward profile and is worth buying now, while the other is fully valued and has some near-term risk around its full-year guidance.PTC has an exciting futureIndustrial software companies' solutions are the future of manufacturing. The digital revolution sweeping the manufacturing and industrial sectors ...

It has been about a month since the last earnings report for PTC Inc. (PTC) . Shares have added about 2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is PTC Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. PTC's Q1 Earnings Beat EstimatesPTC reported first-q ...

There's little doubt that the manufacturing sector is slowing, but what does that mean for industrial software company PTC (PTC 0.69%)? The company's first-quarter 2024 results showed that it's continuing to grow its crucial metric by a mid-teens rate, and its guidance for the full year suggests it will keep growing and generating value for investors. Still, will PTC hit its guidance? Here's what you need to know before buying the stock.PTC, ARR, and FCFThere's no way around it. This is an investment articl ...

Laurence Dutton Investment action Based on my current outlook and analysis of PTC Inc. (NASDAQ:PTC), I recommend a buy rating. I believe the long-term growth outlook for PTC is very positive given its exposure to key growth verticals. I expect the underlying industrial companies to eventually adopt these advanced technological solutions as they compete with their peers to become more productive and cost-efficient, and PTC is well-positioned to capture these demands. Basic Information PTC is a software s ...