PTC (PTC) Shares Active; Revised Q1, FY17 GAAP Guidance Issued

October 31, 2016 3:04 PM EDT

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

PTC (NASDAQ: PTC) disclosed the following on Monday:

Item 7.01.
Regulation FD Disclosure.

On October 26, 2016, PTC issued financial guidance for the first quarter and full 2017 fiscal year. Although GAAP operating expense guidance and GAAP operating margin guidance were presented as intended for both periods, as was Non-GAAP EPS guidance, the GAAP EPS guidance included in the October 26, 2016 press release and prepared remarks inadvertently omitted interest expense for both the Q1’17 and FY’17 periods, which requires revisions to the GAAP EPS guidance for both periods. The revised GAAP EPS guidance is set forth in the table below. There is no change to Q1’17 and FY’17 Non-GAAP EPS guidance.

Revised GAAP EPS Guidance
Q1’17 Low
Q1’17 High
FY’17 Low
FY’17 High
$ (0.02)
$ 0.02
$ 0.21
$ 0.32

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Guidance

Add Your Comment