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Stock impact report

Q4 Earnings Highlights: PTC (NASDAQ:PTC) Vs The Rest Of The Design Software Stocks [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
The demand for rich, interactive 2D, 3D, VR and AR experiences is growing, and while the ubiquitous metaverse might still be more of a buzzword than a real thing, what is real is the demand for the tools to create these experiences, whether they are games, 3D tours or interactive movies. The 7 design software stocks we track reported a strong Q4. As a group, revenues beat analysts' consensus estimates by 3.2% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 1.6% on average since the latest earnings results. PTC (NASDAQ:PTC) Originally known as Parametric Technology Corporation until its 2013 rebranding, PTC (NASDAQ:PTC) provides software that helps manufacturers design, develop, and service physical products through digital solutions for CAD, PLM, ALM, and SLM. PTC reported revenues of $685.8 million, up 21.4% year on year. This print exceeded analysts' expectations by 8.2%. Overall, it w Show less Read more
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