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CORRECTION: PTC Q1 Adj. EPS $1.92 Beats $1.56 Estimate, Sales $685.825M Beat $637.005M Estimate

Benzinga Newsdesk 9 months ago

EarningsEarnings BeatsNews

PTC (NASDAQ:PTC) reported quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.56 by 22.76 percent. This is a 74.55 percent increase over earnings of $1.10 per share from the same period

PTC (NASDAQ:PTC) reported quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.56 by 22.76 percent. This is a 74.55 percent increase over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $685.825 million which beat the analyst consensus estimate of $637.005 million by 7.66 percent. This is a 21.36 percent increase over sales of $565.128 million the same period last year.

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