Tuesday, Parametric Technology Corp. (PMTC) reported first-quarter net income of $17.86 million or $0.15 per share, compared to net income of $4.66 million or $0.04 per share in the same quarter last year.
On a non-GAAP basis, net income was $33.30 million or $0.27 per share, compared to net income of $17.53 million or $0.15 per share in the prior year quarter.
On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.17 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenue for the quarter increased to $258.43 million from $240.39 million in the comparable quarter last year. Analysts expected the company to report revenue of $233.18 million for the quarter.
Looking ahead to the second quarter, the company expects revenue in the range of $235 million - $245 million with earnings in the range of $0.02 - $0.07 per share. On a non-GAAP basis, net income is expected to be in the range of $0.14 - $0.20 per share. Analysts currently anticipate the company to earn $0.20 per share on revenue of $234.34 million for the quarter.
For the full year 2010, the company expects revenue in the range of $1.015 billion with earnings of $0.50 per share. On a non-GAAP basis, net income if expected to be $1.00 per share. Previously the company expected to report revenue of $980 million with earnings of $0.43 per share and adjusted earnings of $0.96 per share. Analysts currently anticipate the company to earn $0.95 per share on revenue of $976.69 million for the quarter.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.