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: 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...

PTC reports solid Q3, worries about Q4

PTC announced fiscal third quarter results on July 28 that were strong in retrospect but not so hot on futures. FQ3 results were above the revised guidance issued last month: Total revenue was up 7% over last year revenue at $243 million, led by license revenue growth...

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...