PTC Announces Third Quarter Fiscal 2017 Results

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Go back to PTC Announces Third Quarter Fiscal 2017 Results

PTC Inc. (PTC) PT Lowered to $65 at Barclays Following 3Q Bookings Miss

July 20, 2017 8:52 AM EDT

Barclays lowered its price target on PTC Inc. (NASDAQ: PTC) to $65.00 (from $67.00) while maintaining a Overweight rating following the company's 3Q release.

PTC reported a 3Q bookings miss.... More

UPDATE: PTC (PTC) Reports In-Line Q3 EPS; Guides Modestly Below the Street

July 19, 2017 4:02 PM EDT

(Updated - July 19, 2017 4:14 PM EDT)

(updated to add guidance)

PTC (NASDAQ: PTC) reported Q3 EPS of $0.28, in-line with the analyst estimate of $0.28. Revenue for the quarter came in at $291 million versus the consensus estimate of $290.56 million.

The company sees Q4 EPS of $0.33-$0.38 and revenue of $303-$308 million, versus the consensus of $0.37 and... More