PTC Announces First Quarter FY’17 Results
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January 19, 2017 9:06 AM EST
Citi raised its price target on PTC Inc. (NASDAQ: PTC) to $60.00 (from $55.00) while maintaining a Buy rating.
Analyst... More
January 19, 2017 8:05 AM EST
Barclays raised its price target on PTC Inc. (NASDAQ: PTC) to $60.00 (from $59.00) while maintaining a Overweight rating following results.
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January 19, 2017 7:38 AM EST
Wedbush raised its price target on PTC Inc. (NASDAQ: PTC) to $59.00 (from $56.00) while maintaining a Outperform rating. Bookings of $90M were driven by excellent IoT results and double-digit growth in CAD bookings.
Analyst Steve Koenig commented, "Execution improvements in the direct and indirect channel, IoT... More
January 18, 2017 4:10 PM EST
PTC (NASDAQ: PTC) reported Q1 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $287.2 million versus the consensus estimate of $286.32 million.
GUIDANCE:
PTC sees Q2 2017 revenue of $280-285 million, versus the consensus of $288.6... More
