PTC Announces Fiscal Third Quarter 2020 Results

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Go back to PTC Announces Fiscal Third Quarter 2020 Results

PTC (PTC) Tops Q3 EPS by 18c, Revenues Beat; Updates FY20 EPS/Revenue Guidance

July 29, 2020 4:04 PM EDT

PTC (NASDAQ: PTC) reported Q3 EPS of $0.62, $0.18 better than the analyst estimate of $0.44. Revenue for the quarter came in at $352 million versus the consensus estimate of $332.47 million.

We delivered solid third quarter performance despite the challenging macro environment, reflecting strong execution by our global team, the mission-critical nature of our broad technology portfolio, and the strength of our subscription model. We continue to support our customers with increasingly relevant and strategic solutions that enable global team collaboration, remote asset management, remote... More