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Parametric Technology Corp. (PMTC) Dropped To A 2-Month Low On Q2 Forecast

Parametric Technology Corp. (PMTC) announced Thursday morning that it now expects to report second quarter non-GAAP EPS of $0.26 to $0.28 and revenues of approximately $300 million.

Parametric Technology gapped open sharply lower Thursday, but traded in a range for the majority of the session. Shares finished down by 5.74 at $21.46 on the highest volume of the year. The stock sank to over a 2-month low.

by RTTNews Staff Writer

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