Core Insights - PTC's shares fell 7.5% following a weak revenue forecast for the upcoming quarter, overshadowing strong third-quarter results [1][2] Financial Performance - For Q3, PTC reported revenue of $893.8 million, a 42.7% year-over-year increase, exceeding Wall Street expectations [2] - Adjusted earnings per share for Q3 were $3.47, significantly beating analyst estimates [2] - The company projected Q4 revenue to be around $630 million, below analysts' consensus estimates, indicating potential demand slowdown [2] Market Reaction - PTC's stock is not very volatile, with only 6 moves greater than 5% in the past year, suggesting the market views this news as significant [4] - The stock is down 5.1% year-to-date and is trading 19.8% below its 52-week high of $216.53 from August 2025 [6]