Better economy, PLM priority lead to PTC’s growth

Earnings season begins today for the engineering software space (although AVEVA did hint at its results two weeks ago), with PTC announcing March quarter revenue slightly below expectations at $240.6 million, but still up 7% from last year. The company also adjusted...

PTC’s swagger is back

PTC held their annual media and analyst day on the day “Snowmaggedon” was supposed to hit the Boston area. It amounted to not much of anything but did keep a few participants and a speaker or two away, and sent several people scurrying by mid-afternoon. Those of us...

PTC blows by targets in FQ1, ups guidance for the year

As previewed last night, PTC announced startlingly strong results for the December quarter, 2009. To recap, total revenue was up 8%, led by a very strong rebound in license revenue. Not surprising, maintenance revenue was down, since it’s driven by license sales in...

Q3: So, how did we do?

It’s always hard to create context around companies whose businesses, and business models, are so different but we can draw a couple of conclusions now that Autodesk, Dassault Systèmes and PTC have reported for the summer quarter: • Starting at the top: all three...

PTC: Things are looking up!

The good news: things are looking up enough for PTC to forecast actual growth for next year – not couched in terms of “constant currency” or using non-GAAP measures. Actual growth! The bad news, of course, is that 2009 was a dismal year by many measures. PTC...

PTC Q3 in-line but lowers Q4 outlook

PTC announced last night that Q3 revenue (for the period ended June 30) was $226.2 million, compared to earlier guidance of between $220 million and $230 million, bolstered by a $3 million positive currency trend. The company lowered its revenue guidance for Q4 by...

The business of PLM: 0% financing?

PTC yesterday reminded everyone on its blast list that its 0% financing offer for Pro/Engineer, Windchill and other products continues right through to the end of its fiscal year, September 30. PTC rightly says that the 0% financing will enable buyers to conserve...

PTC tries to sell investors on growth strategy

PTC gave a comprehensive presentation of its financial status, goals and milestones at its user conference earlier this month. The headlines from the event focused on the announcement that revenue would come in at the low end of the company’s guidance for the...

Is PTC hanging out the “For Sale” sign?

The Financial Times of London reported on Saturday that PTC has approached GoldmanSachs about selling itself for something on the order of $2 billion. FT cites “people withknowledge of the process” but was unable to get PTC to comment. The article says...