PTC (PTC) Misses Q3 EPS by 5c, Offers Q4 Guidance

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Go back to PTC (PTC) Misses Q3 EPS by 5c, Offers Q4 Guidance

PTC Announces Third Quarter FY’16 Results

July 20, 2016 4:05 PM EDT

Bookings Exceed High End of Guidance; Business Model Transition Accelerates with 58% Subscription Bookings Mix

NEEDHAM, Mass.--(BUSINESS WIRE)-- PTC (NASDAQ: PTC) today reported financial results for the third quarter ended July 2, 2016.

Q3 Fiscal 2016 OverviewThird quarter FY16 GAAP revenue was $289 million; non-GAAP revenue was $290 million. GAAP net income was $3 million or $0.03 per share; non-GAAP net... More