PTC Announces Second Quarter Fiscal Year 2019 Results

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PTC (PTC) Misses Q2 EPS by 13c, Revenues Miss; Offers 3Q & FY19 EPS/Revenue Guidance Below Consensus

April 24, 2019 4:37 PM EDT

*Note: Used Financial Summary based on ASC 606

PTC (NASDAQ: PTC) reported Q2 EPS of $0.22, $0.13 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $290 million versus the consensus estimate of $314.01 million.

Financial Summary - ASC 606 (1)

Revenue of $290 millionGAAP net loss was $44 million or ($0.37)... More