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%.
BOSTON , Oct. 16, 2024 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2024 fourth quarter and full year results on Wednesday, November 6 th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, November 6 th at 5pm Eastern Time.
PTC Inc. (PTC, Financial), a leading software and services company, has announced a significant amendment to its existing credit agreement, aimed at bolstering its financial flexibility. On October 1, 2024, PTC and its subsidiary, PTC (IFSC) Limited, entered into Amendment No.
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