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

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

PTC Announces Fiscal Third Quarter 2020 Results

July 29, 2020 4:01 PM EDT

Solid Q320 ARR, Revenue, Operating Margin and EPS Performance; Tightens FY20 Guidance Range

BOSTON--(BUSINESS WIRE)-- PTC (NASDAQ: PTC) today reported financial results for its fiscal third quarter ended June 27, 2020.

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 collaboration and training of front-line workers,... More