PTC Gears Up to Report Q3 Earnings: What's in the Offing?

PTC's core business segments - CAD (Computer-Aided Design) and PLM (Product Lifecycle Management) solutions - continue to be major revenue drivers and are likely to have cushioned its performance in the to-bereported quarter. PTC Inc (PTC) is slated to report third-quarter fiscal 2024 results on Jul 31, after the closing bell. The Zacks Consensus Estimate for revenues is pegged at $533 million, indicating a decline of 1.7% from the year-ago reported number. The consensus estimate for earnings is pegged at 9 ...