PTC Announces Fiscal Fourth Quarter And Full Year 2021 Results

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PTC Inc. (PTC) PT Raised to $170 at Rosenblatt

November 4, 2021 6:39 AM EDT

Rosenblatt analyst Blair Abernethy raised the price target on PTC Inc. (NASDAQ: PTC) to $170.00 (from $160.00) while maintaining a Buy rating.

The analyst commented, "PTC reported Q4 results (Wednesday after markets) that came in 11% above our revenue expectations, with higher margins, as recovering end-markets... More

PTC (PTC) Tops Q4 EPS by 42c

November 3, 2021 5:12 PM EDT

PTC (NASDAQ: PTC) reported Q4 EPS of $1.10, $0.42 better than the analyst estimate of $0.68. Revenue for the quarter came in at $480.7 million versus the consensus estimate of $429.62 million.

GUIDANCE:

PTC sees Q1 2022 revenue of $1.85-1.98 billion, versus the consensus of $1.7... More