PTC: Q1 Earnings Insights

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PTC PTC reported its Q1 earnings results on Wednesday, January 31, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

PTC beat estimated earnings by 15.63%, reporting an EPS of $1.11 versus an estimate of $0.96.

Revenue was up $84.30 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 5.35% increase in the share price the next day.

Here's a look at PTC's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 1.14 1 1.14 1.03
EPS Actual 1.20 0.99 1.16 0.99
Revenue Estimate 557.97M 525.74M 539.14M 472.59M
Revenue Actual 546.62M 542.34M 542.18M 465.91M

To track all earnings releases for PTC visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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