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Stock impact report

PTC Inc (PTC) Leveraging AI to Enhance Products and Boost Internal Efficiency [Yahoo! Finance]

PTC Inc. (PTC) 
Last ptc inc. earnings: 4/29 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.ptc.com
Company Research Source: Yahoo! Finance
and Telecom Conference 2026 on March 4, PTC Inc (NASDAQ:PTC) CEO Neil Barua highlighted the company's growth prospects and plans for the future. PTC Inc (PTC) Leveraging AI to Enhance Products and Boost Internal Efficiency Barua discussed how PTC Inc is enhancing its products with AI capabilities and how this strategy is driving demand. The conference heard that Onshape is the company's fastest-growing product. Onshape is a cloud-based design and manufacturing data management platform. Last month, PTC Inc upgraded Onshape with new features designed to improve 3D modeling capabilities on the platform. Barua also told the conference that PTC Inc. was deploying AI internally to automate processes, streamline operations, and improve efficiency. Additionally, Barua said the sale of ThingWorx and Kepware will allow PTC Inc. to focus more on its strategic priorities while using the proceeds to fund share repurchases. PTC Inc. is targeting $1.12 billion to $1.32 billion in share repur Show less Read more
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