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Compared to Estimates, PTC Inc. (PTC) Q1 Earnings: A Look at Key Metrics
PTCPTC(PTC) Zacks Investment Research·2024-01-31 23:31

PTC Inc. (PTC) reported 550.21millioninrevenueforthequarterendedDecember2023,representingayear−over−yearincreaseof18.1550.21 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 18.1%. EPS of 1.11 for the same period compares to 0.99ayearago.Thereportedrevenuerepresentsasurpriseof+2.160.99 a year ago.The reported revenue represents a surprise of +2.16% over the Zacks Consensus Estimate of 538.59 million. With the consensus EPS estimate being $0.98, the EPS surprise was +13.27%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...