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Unpacking Q1 Earnings: PTC (NASDAQ:PTC) In The Context Of Other Design Software Stocks

Updated Price for MSCI EAFE Index (ICE/US: DIH23). Charting, Price Performance, News & Related Contracts. ....

Neil Barua , Mars Rover , Panama Canal , Procore Technologies , Cadence Design Systems ,

PTC (NASDAQ:PTC) Exceeds Q1 Expectations But Full-Year Guidance Underwhelms

Engineering and design software provider PTC (NASDAQ:PTC) announced better-than-expected results in Q1 CY2024, with revenue up 11.2% year on year to $603.1 million. On the other hand, next quarter's revenue guidance of $532.5 million was less impressive, coming in 9.2% below analysts' estimates. It made a GAAP profit of $0.95 per share, improving from its profit of $0.53 per share in the same quarter last year. ....

Neil Barua , Design Software , Cash Flow , Recurring Revenue , Wall Street , Free Cash Flow , Revenue Guidance , Analyst Estimates , Fiscal Quarter , Business Model , Revenue Decline , Q1 Results ,