PTC (PTC) Tops Q1 EPS by 7c, Guides FY16 In-Line

PTC (NASDAQ: PTC) reported Q1 EPS of $0.50, $0.07 better than the analyst estimate of $0.43. Revenue for the quarter came in at $291 million versus the consensus estimate of $292.51 million.

GUIDANCE:

PTC sees Q2 2016 EPS of $0.33-$0.38, versus the consensus of $0.45. PTC sees Q2 2016 revenue of $290-295 million, versus the consensus of $299.9 million.

PTC sees FY2016 EPS of $1.80-$1.90, versus the consensus of $1.86. PTC sees FY2016 revenue of $1.2-1.22 billion, versus the consensus of $1.21 billion.

For earnings history and earnings-related data on PTC (PTC) click here.

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