PTC ANNOUNCES FIRST FISCAL QUARTER 2022 RESULTS

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PTC Inc. (PTC) PT Lowered to $145 at Stifel

January 27, 2022 7:09 AM EST

Stifel analyst Adam Borg lowered the price target on PTC Inc. (NASDAQ: PTC) to $145.00 (from $165.00) while maintaining a Buy rating following results.

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PTC (PTC) Misses Q1 EPS by 10c, Updates Guidance

January 26, 2022 5:25 PM EST

PTC (NASDAQ: PTC) reported Q1 EPS of $0.95, $0.10 worse than the analyst estimate of $1.05. Revenue for the quarter came in at $457.7 million versus the consensus estimate of $464.14 million.

GUIDANCE:

PTC sees FY2022 revenue of $1.87-1.98 billion, versus the consensus of $1.94... More