For PTC, “interesting” = “good”

A couple of months ago, I wrote that “PTC is such an interesting company. A bunch of really smart people who … get too far ahead of their customers (remember “CAD is dead”?), alienate those who sign the checks while retaining intense loyalty among the user...

PTC: Pothole repair underway

PTC today gave more details on its financial performance in the March quarter (its fiscal Q2) and a glimpse into the year ahead. The high points: a positive spin on the revenue miss in FQ1, much more cautious outlook for the rest of the year (but the potential for...

PTC: 5 markets, higher growth

PTC is hosting an investor day today at which it is describing the new organizational structure that was teased on its recent earning call and explaining how this better reflects changes PTC sees in the marketplace. CEO Jim Heppelmann kicked things off by saying that...

PTC Q2 beats – and it’s not due to MKS

Parametric Technology Corp. (PTC) reported fiscal third quarter revenue of $292 million, nicely ahead of earlier guidance of revenue between $275 million and $285 million and up 20% from a year ago. Some of the upside came from MKS, which contributed $6 million in the...

PTC roadmaps aplenty

Another Las Vegas extravaganza wrapped yesterday, as thousands of PTC faithful headed for the exits at Caesar’s Palace. I’m not a fan of Vegas in general, but PTC made it work. The company showcased its new management team (energetic, visionary with practical bits...

PTC World, day 1: Creo and more

PTC users have gathered in Las Vegas for PTC World 2011 to hear from the company and other users how to use PTC products for competitive advantage. After a long day of presentations and meetings, here are a few impressions on what I’ve learned; more to come in the...

PTC surprised by CAD growth

As noted yesterday, PTC reported reported second fiscal quarter revenue of $269 million, up 23% from a year ago, driven in large part by growth in the enterprise CAD business. Net income more than doubled from last year’s Q2, at $19 million or $0.16 per share. ...

PTC: One size doesn’t fit all

Yesterday the PLM world finally got a look at what PTC has been teasing for months.  The good: PTC focused attention on CAD and articulated the problems many users have with traditional tools.  The bad: PTC had hyped this launch to such an extent that nothing short of...
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