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

PTC Inc. (PTC) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of$ 0.98 per share. This compares to earnings of $0.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.27%. A quarter ago, it was expected that this product development software maker would post earnings of$ 1.14 per share when it actually produced earnings of $1.20, delivering a surprise of 5.26%.Over the last four quar ...