PTC (PTC) Prelim. Q4 Bookings Outpace Views
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PTC Announces Preliminary Fourth Quarter FY’16 Results; Bookings and Subscription Mix Expected to be Significantly Above the High End of Guidance
October 3, 2016 7:00 AM EDTNEEDHAM, Mass.--(BUSINESS WIRE)-- PTC (Nasdaq: PTC) today announced that preliminary bookings for the fourth fiscal quarter ended September 30, 2016 are expected to be between $139 million and $142 million, above the high end of the companys previous guidance of $111 million to $121 million. There are two mega deals (>$5 million in bookings) in the quarter, including a competitive PLM displacement within one of the top Tier 1 global... More
