PTC Inc. (PTC) Tops Q1 Earnings and Revenue Estimates

PTC Inc. (PTC) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.88%. A quarter ago, it was expected that this product development software maker would post earnings of $1.43 per share when it actually produced earnings of $1.54, delivering a surprise of 7.69%.Over the last four quar ...