PTC Announces Second Fiscal Quarter 2024 Results [Yahoo! Finance]
PTC Inc. (PTC)
Last ptc inc. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
BOSTON May 1, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its second fiscal quarter ended March 31, 2024 "In our second fiscal quarter, we again delivered solid results. We have a differentiated strategy that leverages our unique product portfolio to enable our customers with their digital transformation journeys. Our consistent ARR and free cash flow growth continues to highlight the value we are bringing to our customers and the stability of our business model," said Neil Barua , CEO, PTC. "We are updating our mid-term ARR targets to low double-digit ARR growth, which is consistent with our track record of ARR growth over the past 5 years. Importantly, we are reiterating our mid-term cash flow targets as we remain confident in our ability to expand our operating efficiency while continuing to invest in the business to deliver increasing value to our customers," concluded Barua. Second Quarter 2024 Highlights Key operating and financial highli
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PTC
News
- PTC Inc. (NASDAQ: PTC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- PTC Inc. (NASDAQ: PTC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- PTC Inc. (NASDAQ: PTC) had its price target lowered by analysts at Citigroup Inc. from $195.00 to $187.00. They now have a "neutral" rating on the stock.MarketBeat
- PTC's Q2 Earnings Beat Estimates, Revenues Increase Y/Y [Yahoo! Finance]Yahoo! Finance
- PTC Inc. (NASDAQ: PTC) had its price target raised by analysts at Robert W. Baird from $210.00 to $216.00. They now have an "outperform" rating on the stock.MarketBeat
PTC
Earnings
- 5/1/24 - Beat
PTC
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 144
- 5/3/24 - Form 4
- PTC's page on the SEC website