PTC (PTC) Misses Q2 EPS by 14c; Guides Below the Street

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Go back to PTC (PTC) Misses Q2 EPS by 14c; Guides Below the Street

PTC Announces Second Quarter FY’16 Results

April 20, 2016 4:01 PM EDT

Bookings Exceed High End of Guidance; Business Model Transition Accelerates with 54% Subscription Mix

NEEDHAM, Mass.--(BUSINESS WIRE)-- PTC (Nasdaq: PTC) today reported financial results for the second quarter ended April 2, 2016.

Q2 Fiscal 2016 OverviewSecond quarter FY16 GAAP revenue was $273 million; non-GAAP revenue was $274 million. GAAP net loss was $5 million or $0.05 per share; non-GAAP net... More