PTC Inc. PT receives Investment Bank Analyst Rating Update
PTC (NASDAQ:PTC) reported Q3 EPS of $0.97, $0.10 worse than the analyst estimate of $1.07. Revenue for the quarter came in at $462 million versus the consensus estimate of...
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PTC Inc. is a software and services company, which offers a portfolio of computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), and service lifecycle management (SLM) solutions that enable manufacturers to create and service products. The Company operates through two segments: Software Products and Professional Services. The Software Products segment includes license, subscription, software as a service (SaaS), and related support revenue (including updates and technical support) for all its products. The Professional Services segment includes consulting, implementation and training services. The Company's principal products and services include thingWorx Industrial Internet of Things (IIoT) platform; Vuforia enterprise Augmented Reality (AR) platform; Onshape Software-as-a-Service (SaaS) product development platform; Creo product design software; and Windchill PLM software.
|Average||139.60 (+33.46% Upside)|
|No. of Analysts||18|