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PTC (NASDAQ:PTC) Surprises With Q1 Sales

Engineering and design software provider PTC (NASDAQ:PTC) reported results ahead of analysts' expectations in Q1 FY2024, with revenue up 18.1% year on year to $550.2 million. The company expects next quarter's revenue to be around $575 million, in line with analysts' estimates. It made a GAAP profit of $0.55 per share, down from its profit of $0.99 per share in the same quarter last year.
James Heppelmann Neil Barua Picking Winners In High Technology Design Software Cash Flow Gorilla Game
Source: yahoo.com

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