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.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.