Previous Close | 36.80 |
Open | N/A |
Bid | 50.70 |
Ask | 55.00 |
Strike | 125.00 |
Expire Date | 2024-07-19 |
Day's Range | 36.80 - 36.80 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Robust Growth in ARR and Cash Flow Amidst Challenging Market Conditions
While the top- and bottom-line numbers for PTC Inc. (PTC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Engineering and design software provider PTC (NASDAQ:PTC) announced better-than-expected results in Q1 CY2024, with revenue up 11.2% year on year to $603.1 million. On the other hand, next quarter's revenue guidance of $532.5 million was less impressive, coming in 9.2% below analysts' estimates. It made a GAAP profit of $0.95 per share, improving from its profit of $0.53 per share in the same quarter last year.