PTC Announces Strong Q1 Results, Increases FY’12 and Long-Term Targets
PTC (Nasdaq: PMTC), today reported results for its first fiscal quarter ended December 31, 2011. PTC also announced an organizational realignment and restructuring to drive long-term growth and enhanced profitability.
Highlights
Q1 Results: Non-GAAP revenue of $319.8 million, up 20% year over year, and non-GAAP EPS of $0.35
GAAP revenue of $318.3 million and GAAP EPS of $0.18
Revenue contribution from MKS (acquired on May 31, 2011) and 4CS Solutions (acquired on September 2, 2011) was $20 million on a non-GAAP basis and $18.5 million on a GAAP basis
- Published: 26 January 2012
- Written by Editor