PTC(PTC)

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PTC Inc.: Exposure To Multiple Key Growth Verticals
Seeking Alpha· 2024-02-08 10:45
Laurence Dutton Investment action Based on my current outlook and analysis of PTC Inc. (NASDAQ:PTC), I recommend a buy rating. I believe the long-term growth outlook for PTC is very positive given its exposure to key growth verticals. I expect the underlying industrial companies to eventually adopt these advanced technological solutions as they compete with their peers to become more productive and cost-efficient, and PTC is well-positioned to capture these demands. Basic Information PTC is a software s ...
HungerRush Appoints Mike Jerich as CEO
Businesswire· 2024-02-05 16:00
HOUSTON--(BUSINESS WIRE)--HungerRush, the leading cloud software provider for the restaurant industry, today announced the appointment of Mike Jerich as Chief Executive Officer effective February 5th. Mike succeeds Interim Chief Executive Officer Bill Mitchell, who has been elevated to Executive Chair of the Board of Directors. In his new role, Bill will continue providing his invaluable guidance and expertise, drawn from 30 years of exceptional leadership experience. He will remain actively involved in key ...
PTC(PTC) - 2024 Q1 - Quarterly Report
2024-02-01 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_ to_ Commission File Number: 0-18059 PTC Inc. (Exact name of registrant as specified in its charter) Massachusetts 04-2866152 (State or other jurisdiction of incorpor ...
PTC(PTC) - 2024 Q1 - Earnings Call Transcript
2024-02-01 01:47
PTC Inc (NASDAQ:PTC) Q1 2024 Earnings Conference Call January 31, 2024 5:00 PM ET Company Participants Matt Shimao - Head of Investor Relations Jim Heppelmann - Chief Executive Officer Neil Barua - Chief Executive Officer-elect Kristian Talvitie - Chief financial Officer Conference Call Participants Joshua Tilton - Wolfe Research Clark Jeffries - Piper Sandler Yun Kim - Loop Capital Matt Hedberg - RBC Capital Markets Adam Borg - Stifel Joe Vruwink - Baird Tyler Radke - Citi Matt Broome - Mizuho Securities S ...
PTC(PTC) - 2024 Q1 - Earnings Call Presentation
2024-02-01 00:15
PLM: Product data management and process orchestration software $ in millions $936 $1,252 $924 $1,231 Q1'23 Q1'24 +34% YoY +33% YoY Q1'24 FINANCIAL RESULTS DIGITAL TRANSFORMS PHYSICAL Kristian Talvitie CFO January 31, 2024 FORWARD LOOKING STATEMENTS 2 This presentation includes forward looking statements regarding PTC's future financial performance, strategic outlook and expectations, anticipated future operations, and expected effects of strategic investments and initiatives. Because such statements deal w ...
Compared to Estimates, PTC Inc. (PTC) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-01-31 23:31
PTC Inc. (PTC) reported $550.21 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 18.1%. EPS of $1.11 for the same period compares to $0.99 a year ago.The reported revenue represents a surprise of +2.16% over the Zacks Consensus Estimate of $538.59 million. With the consensus EPS estimate being $0.98, the EPS surprise was +13.27%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...
PTC Inc. (PTC) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-01-31 23:16
PTC Inc. (PTC) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.27%. A quarter ago, it was expected that this product development software maker would post earnings of $1.14 per share when it actually produced earnings of $1.20, delivering a surprise of 5.26%.Over the last four quar ...
Gear Up for PTC Inc. (PTC) Q1 Earnings: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-01-26 15:21
Analysts on Wall Street project that PTC Inc. (PTC) will announce quarterly earnings of $0.98 per share in its forthcoming report, representing a decline of 1% year over year. Revenues are projected to reach $538.59 million, increasing 15.6% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 4.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates duri ...
PTC Inc. (PTC) Expected to Beat Earnings Estimates: Should You Buy?
Zacks Investment Research· 2024-01-24 16:06
The market expects PTC Inc. (PTC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...
PTC to Announce Fiscal Q1'24 Results on Wednesday, January 31st, 2024
Prnewswire· 2024-01-11 14:45
BOSTON, Jan. 11, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2024 first quarter results on Wednesday, January 31st after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, January 31st at 5pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PT ...