PTC Announces Fiscal Second Quarter 2020 Results

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Go back to PTC Announces Fiscal Second Quarter 2020 Results

PTC (PTC) Tops Q2 EPS by 15c, Revenues Beat; Lowers FY20 Revenue Guidance

April 29, 2020 4:16 PM EDT

PTC (NASDAQ: PTC) reported Q2 EPS of $0.59, $0.15 better than the analyst estimate of $0.44. Revenue for the quarter came in at $360 million versus the consensus estimate of $340.14 million.

Second quarter 2020 highlights1

Key operating and financial highlights are set forth below. For additional details, please refer to the prepared remarks and financial data tables that have been posted to the Investor Relations section of our website at investor.ptc.com.

ARR was $1.18 billion. Growth of 10%, or 11% in constant currency, compared to Q219 reflects solid performance in our Core and Growth businesses, and in... More