PTC Announces First Quarter FY’17 Results

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Go back to PTC Announces First Quarter FY’17 Results

PTC Inc. (PTC) PT Raised to $60 at Citi; Reiterates Buy

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

PTC Inc. (PTC) PT Raised to $60 at Barclays

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.

... More

PTC Inc. (PTC) PT Raised to $59 at Wedbush; Reiterates Outperform

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

PTC (PTC) Reports In-Line Q1 EPS

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