PTC Inc. (PTC) announced earnings for its first quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $82.23 million, or $0.68 per share. This compares with $66.39 million, or $0.55 per share, last year.
Excluding items, PTC Inc. reported adjusted earnings of $133.34 million or $1.10 per share for the period.
Analysts on average had expected the company to earn $0.89 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.7% to $565.128 million from $550.214 million last year.
PTC Inc. earnings at a glance (GAAP) :
-Earnings: $82.23 Mln. vs. $66.39 Mln. last year.-EPS: $0.68 vs. $0.55 last year.-Revenue: $565.128 Mln vs. $550.214 Mln last year.
-Guidance:Next quarter EPS guidance: $1.30 to $1.50Next quarter revenue guidance: $590 to $620 MlnFull year EPS guidance: $5.30 to $6.00Full year revenue guidance: $2,430 to $2,530 Mln
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.