BOSTON (AP) _ PTC Inc. (PTC) on Wednesday reported fiscal fourth-quarter earnings of $292.9 million.

On a per-share basis, the Boston-based company said it had profit of $2.46. Earnings, adjusted for one-time gains and costs, came to $1.10 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The product development software maker posted revenue of $480.7 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $427.5 million.

PTC Inc. expects full-year revenue in the range of $1.85 billion to $1.98 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PTC at https://www.zacks.com/ap/PTC

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