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

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

PTC Announces Second Quarter Fiscal Year 2019 Results

April 24, 2019 4:30 PM EDT

Revenue, Operating Margin and EPS at or Above the High End of Guidance

BOSTON--(BUSINESS WIRE)-- PTC (NASDAQ: PTC) today reported financial results for its fiscal second quarter 2019.

Financial Summary - ASC 606 (1)

Revenue of$290 million GAAP net loss was $44 million or ($0.37) per diluted share; non-GAAP net income was $26million or $0.22 per diluted share GAAP operating margin of (8%); non-GAAP operating margin of 15%

Financial Summary ASC 605 (1)

Revenue of$315 million... More