Sometimes, the headline numbers don't tell the whole story. That's definitely the case with industrial software company PTC (PTC 0.05%) and workflow technology company Trimble (TRMB 1.11%).
Shares in industrial software company PTC (PTC -9.84%) were lower by 8.8% in the week to Thursday afternoon. The move comes after a poorly received first-quarter 2025 earnings released on Wednesday.
PTC's Q1 performance is driven by strength in its subscription-based business model and innovative product portfolio against a volatile sales backdrop.
PTC Inc. (NASDAQ:PTC ) Q1 2025 Earnings Conference Call February 5, 2025 5:00 PM ET Company Participants Matt Shimao - Head of Investor Relations Neil Barua - President and Chief Executive Officer Kristian Talvitie - Chief Financial Officer Conference Call Participants Jay Vleeschhouwer - Griffin Securities, Inc. Jason Celino - KeyBanc Capital Markets Inc. Ken Wong - Oppenheimer & Co. Inc. Siti Panigrahi - Mizuho Securities Co., Ltd. Stephen Tusa - JPMorgan Chase & Co. Arsenije Matovic - Wolfe Research, LLC Nay Soe Naing - Berenberg Saket Kalia - Barclays Operator Good afternoon, ladies and gentlemen.
The headline numbers for PTC Inc. (PTC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PTC Inc. (PTC) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.11 per share a year ago.
PTC cut its full-year revenue and adjusted earnings forecasts on Wednesday amid increasing competition and fears over President Donald Trump's tariff policy, which could result in fewer takers for its industrial and testing software.
Get a deeper insight into the potential performance of PTC Inc. (PTC) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
PTC's fiscal first-quarter performance is likely to have been driven by demand for PLM and CAD in a tough selling environment and go-to-market realignment.
PTC reported better-than-expected FQ4 2024 results, but faces challenges in top line revenue growth due to macro headwinds and go-to-market changes. The global PLM market is projected to grow at a 9.2% CAGR through 2030, driven by cloud-based systems and smart product demand. PTC's financials show improved operating income and gross margins, but international revenue growth is lagging, particularly in Europe.
Every consumer knows about the growing role of artificial intelligence (AI) and wirelessly enabled digital technologies in our daily lives. But not everyone knows about the seismic shift these developments are having on the manufacturing industry and the role that an industrial software company like PTC (PTC 0.24%) is playing in it.
PTC Inc. (PTC) reported earnings 30 days ago. What's next for the stock?