PTC Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2023
November 01, 2023 at 04:01 pm EDT
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PTC Inc. reported earnings results for the fourth quarter and full year ended September 30, 2023. For the fourth quarter, the company reported sales was USD 500.26 million compared to USD 463.16 million a year ago. Revenue was USD 546.62 million compared to USD 507.93 million a year ago. Net income was USD 45.6 million compared to USD 106.84 million a year ago. Basic earnings per share from continuing operations was USD 0.38 compared to USD 0.91 a year ago. Diluted earnings per share from continuing operations was USD 0.38 compared to USD 0.9 a year ago.
For the full year, sales was USD 1,907.92 million compared to USD 1,736.19 million a year ago. Revenue was USD 2,097.05 million compared to USD 1,933.35 million a year ago. Net income was USD 245.54 million compared to USD 313.08 million a year ago. Basic earnings per share from continuing operations was USD 2.07 compared to USD 2.67 a year ago. Diluted earnings per share from continuing operations was USD 2.06 compared to USD 2.65 a year ago.
PTC Inc. is a global software company that enables industrial and manufacturing companies to digitally transform how they engineer, manufacture, and service the physical products. Its computer-aided design (CAD) portfolio solutions enable companies to author product data. Its product lifecycle management (PLM) portfolio solutions enable companies to manage product data and orchestrate processes. Its software can be delivered on premises, in the cloud or in a hybrid model. Its PLM products and services include Windchill PLM, ThingWorx, ServiceMax, Arena, Codebeamer, Servigistics, FlexPLM and Kepware. Its CAD products and services include Creo 3D, Onshape, Vuforia and Arbortext. Its Windchill PLM application suite manages all aspects of the product development lifecycle-from concept through service and retirement-by enabling a digital thread of product parts, materials and configuration information. Its ThingWorx platform is flexible and purpose-built for industrial Internet of things.
PTC INC. 
