PTC Inc. Stock News

Every consumer knows about the growing role of artificial intelligence (AI) and wirelessly enabled digital technologies in our daily lives. But not everyone knows about the seismic shift these developments are having on the manufacturing industry and the role that an industrial software company like PTC (PTC 0.24%) is playing in it.

BOSTON , Dec. 9, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has appointed Robert Dahdah as Executive Vice President, Chief Revenue Officer. Dahdah joins PTC from Microsoft, where he served as Corporate Vice President of Global Healthcare and Life Sciences.

Collaboration brings together industry leaders to advance generative AI use cases for manufacturing Codebeamer Copilot expected to simplify requirements management as part of the product development process Codebeamer Copilot beta expected to release in early 2025 BOSTON , Dec. 3, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has partnered with Microsoft and Volkswagen Group to...

A Few Years From Now, You'll Wish You'd Bought This Undervalued Stock

PTC Inc. (PTC) Q4 2024 Earnings Call Transcript

Industrial software maker PTC forecast first-quarter revenue below estimates on Wednesday, signaling continued weakness in demand for its industrial design and testing software as companies keep a tight leash on budgets.

BOSTON , Nov. 6, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that its Board of Directors has authorized the repurchase of up to $2 billion worth of PTC common stock through September 30, 2027. "This repurchase authorization demonstrates the Board's confidence in PTC's ability to drive customer value while enhancing shareholder returns, and supports PTC's capital allocation strategy,"...

Solid ARR and Cash Flow in Fourth Fiscal Quarter and Full Fiscal Year BOSTON , Nov. 6, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2024. "In fiscal year 2024, we again delivered solid ARR and cash flow, with year-over-year ARR growth in the low double-digits and cash flow growth above 20%.