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PTC (PTC) Tops Q1 EPS by 13c, Revenues Beat; Offers FY20 EPS/Revenue Mid-Point Guidance Above Consensus

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PTC Announces Fiscal First Quarter 2020 Results;

January 22, 2020 4:01 PM EST

Delivers a Solid Start to Fiscal 2020

BOSTON--(BUSINESS WIRE)-- PTC (NASDAQ: PTC) today reported financial results for its fiscal first quarter ended December 28, 2019.

PTC continued to see solid demand for our product development and digital transformation technologies across all major geographies. Sales execution was strong in the quarter, and our partner ecosystem continued to expand our global reach, said James Heppelmann, President and CEO, PTC.

PTC is entering this new decade with a robust portfolio that positions us to deliver an impressive... More