PTC(US:PTC)2024-11-06 23:55Financial Performance - Q4'24 ARR as reported was $2,255 million, a 14% year-over-year increase[8] - Constant currency ARR at FY'24 Plan FX rates was $2,207 million, a 12% year-over-year increase[8] - Q4'24 operating cash flow was $98 million, a 97% year-over-year increase[9] - Q4'24 free cash flow was $94 million, a 113% year-over-year increase[9] - FY'24 operating cash flow was $750 million, a 23% year-over-year increase[9] - FY'24 free cash flow was $736 million, a 25% year-over-year increase[9] Guidance - FY'25 constant currency ARR is projected to grow by 9% to 10%, reaching $2,469 million[19,20] - FY'25 free cash flow is guided to be between $835 million and $850 million, a 14% to 16% increase[19] - Q1'25 constant currency ARR is expected to grow by approximately 10.5%[19] - FY'25 revenue is expected to be between $2,505 million and $2,605 million, a 9% to 13% increase[19] Capital Allocation - The company intends to repurchase approximately $300 million of common stock in FY'25[17,29] - The company plans to retire $500 million in senior notes due in February 2025 using cash on hand and drawing on the revolving credit facility[16,29]