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PTC (PTC) Appoints Neil Barua as Permanent CEO streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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. ....
UK-based CAD specialist PTC will see Neil Barua, the current president of its Service Lifecycle Management business, succeed James Heppelmann as CEO in February 2024. ....