Parametric Technology Corp. (PMTC) reported first quarter non-GAAP net income of $0.35 per share after the close Wednesday, up from $0.22 per share in the prior year. The consensus estimate was for EPS of $0.31. Second quarter non-GAAP EPS is expected to be between $0.32 and $0.36, compared to the consensus estimate of $0.33.
Parametric Technology gapped up Thursday and spiked higher in early trade, before settling into a range. Shares finished up by 4.07 at $25.64 on the highest volume of the year. The stock surged past resistance and closed at a new high for the year.
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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.