PTC | Schnitger Corporation

Quickie: Rockwell invests $1 billion in PTC for IoT & smart factory

Jun 11, 2018 | Hot Topics

This is big: PTC and Rockwell Automation just announced that Rockwell is making a $1 billion equity investment in PTC, as part of a strategic partnership aimed at accelerating growth for both companies. You can see IoT written large all over this announcement,...

PTC’s FQ2 featured ‘strong’ CAD, PLM performance

Apr 19, 2018 | Hot Topics

PTC announced results on Wednesday that were, in a single word, impressive. Growth across most revenue categories, product lines, channels — and with positive outlook for the rest of 2018, too, which means no deals were pulled from the future into the fiscal second...

PLMish earnings kick off with solid reports from PTC and AVEVA

Apr 19, 2018 | Hot Topics

PTC started things off on Wednesday evening, with a report that exceeded expectations. Fiscal second quarter revenue was up nearly 10%, above the high end of the company’s guidance as well as Wall Street expectations. I’m working on a longer post for later...

Quickie: New AVEVA names new CEO — and he’s from PTC

Feb 1, 2018 | Hot Topics

Small world. AVEVA today announced that PTC’s Craig Hayman will become CEO of the entity that will be created once the merger of AVEVA and Schneider Electric’s software business has completed. Mr. Hayman starts on February 19, so the close seems imminent....

Happy 2018 — and, optimize THIS

Jan 8, 2018 | Hot Topics

I hope you had a wonderful year-end, filled with people you love. Or tolerate, if that’s how you roll. In any event, as peaceful and relaxing as it could be. I’ve been trying to write a 2017 retrospective and, honestly, the mind boggles. So much happened,...

Quickie: PTC’s FQ4 revenue up 6%, with strong CAD performance –w00t!

Oct 26, 2017 | Hot Topics

It’s tough to keep up right now! A very quick recap of PTC’s results: FQ4 revenue was $306 million, up 6% That means total FY’17 revenue was $1,164 million, up 2% From the non-GAAP, color materials provided by the company, “CAD bookings grew 14%, far...

Quickie: PTC’s FQ3 suffers from weakness in Japan

Jul 21, 2017 | Hot Topics

It’s tough to be PTC. Revenue ahead of expectations, license and subscription bookings not so much, “sales execution issues” in Japan … weak guidance for the company’s fiscal Q4 … stock gets hammered. A few of the details — much more...

PTC returns to modest growth in FQ2 – but we’ll take it!

Apr 25, 2017 | Hot Topics

PTC announced its fiscal Q2 financials a couple of days ago, and I’ve been trying to figure out what to write about ever since. There was good news, in that revenue was up year/year for the first time in nine quarters. And the net loss narrowed. But I worry...

PTC’s FQ1 shows strength across the board

Jan 19, 2017 | Hot Topics

PTC last night gave us our first glimpse into how 2016 ended for PLMish companies — and the news was solid. Demand for PTC’s CAD products was up and the company’s “land and expand” strategy in IoT seems to be working. Not so awesome: the...

Quickie: PTC’s FQ4 as expected — and a huge SLM deal

Oct 26, 2016 | Hot Topics

You might recall that PTC pre-announced its fourth fiscal quarter earlier this month that set expectations for Q4 revenue rather low but raised the bar on future results. Today, the company filled in the details: Total revenue in FQ4 was down 8% from a year ago to...