PTC Announces Fiscal First Quarter 2020 Results;
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PTC (PTC) Tops Q1 EPS by 13c, Revenues Beat; Offers FY20 EPS/Revenue Mid-Point Guidance Above Consensus
January 22, 2020 4:03 PM ESTPTC (NASDAQ: PTC) reported Q1 EPS of $0.57, $0.13 better than the analyst estimate of $0.44. Revenue for the quarter came in at $356.11 million versus the consensus estimate of $342.16 million.
First quarter 2020 highlights1
ARR was $1.16 billion. Growth of 11% compared to Q119 reflects solid performance in our Growth and Core product groups, and in our global channel.Cash flow from operations was $8 million in Q120. Free cash flow was $3 million and adjusted free cash flow was $12 million, compared to negative free and adjusted free cash flow in Q119. On a trailing twelve-month basis, free... More