PTC Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2021
July 28, 2021 at 04:01 pm EDT
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PTC Inc. announced earnings results for the third quarter ended June 30, 2021. For the third quarter, the company announced total revenue was USD 435.668 million compared to USD 351.721 million a year ago. Operating income was USD 73.582 million compared to USD 63.401 million a year ago. Net income was USD 51.203 million compared to USD 34.678 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to USD 0.3 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to USD 0.3 a year ago.
For the nine months, total revenue was USD 1,326.504 million compared to USD 1,067.434 million a year ago. Operating income was USD 265.611 million compared to USD 143.851 million a year ago. Net income was USD 183.980 million compared to USD 77.289 million a year ago. Basic earnings per share from continuing operations was USD 1.58 compared to USD 0.67 a year ago. Diluted earnings per share from continuing operations was USD 1.56 compared to USD 0.67 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.