PTC Inc. (PTC) - NASDAQ
  • Jul. 9, 2015, 6:58 PM
    • Expected software revenue of $250M is slightly below guidance. 16% of license/subscription solutions (L&SS) revenue came from subscription bookings, below a target of 18%. Professional services revenue of $54M was in-line.
    • The CAD/PLM/manufacturing software vendor suggests deal push-outs (an explanation often given by enterprise software firms pre-announcing light sales) are to blame. IoT-related software sales were an area of strength.
    • Shares have fallen to $37.00 AH. Full FQ3 results arrive on July 29.
    | Jul. 9, 2015, 6:58 PM | 1 Comment
  • Jan. 30, 2014, 9:52 AM
    • Vipshop (VIPS -4%) has been cut to Neutral by UBS. Bof/A/Merrill and UBS started shares at Buy earlier this month.
    • Sequans (SQNS +3.6%) has been upgraded to Outperform by Baird ahead of its Feb. 6 Q4 report.
    • Amdocs (DOX +3.9%) has been upgraded to Outperform by Oppenheimer following yesterday afternoon's FQ1 beat.
    • PTC (PTC +3.7%) has been upgraded to Overweight by JPMorgan. The company posted an FQ1 beat a week ago.
    • Blackbaud (BLKB -1.4%) has been cut to Underweight by JPMorgan.
    • Integrated Silicon (ISSI -2.8%) has been cut to Hold by Craig-Hallum a day after posting mixed FQ1 results.
    • Synopsys (SNPS +0.2%) and SS&C (SSNC -3.6%) have been cut to Neutral by JPMorgan.
    • Spansion (CODE +1.9%) has been started at Overweight by Morgan Stanley ahead of its Feb. 4 Q4 report.
    | Jan. 30, 2014, 9:52 AM
  • Nov. 6, 2013, 5:06 PM
    • PTC (PMTC): FQ4 EPS of $0.59 beats by $0.06.
    • Revenue of $345M (+6% Y/Y) beats by $10.M. Shares +3.1% AH. (PR)
    | Nov. 6, 2013, 5:06 PM
  • Jul. 24, 2013, 5:16 PM
    Parametric (PMTC): FQ3 EPS of $0.45 beats by $0.02. Revenue of $316M (+1% Y/Y) misses by $6.52M. Shares -1.1% AH. (PR)
    | Jul. 24, 2013, 5:16 PM
  • Aug. 28, 2012, 11:48 AM

    Autodesk (ADSK +3.2%) has bought some of the assets of Inforbix, a developer of cloud-based product lifecycle management (PLM) software. Autodesk, which competes with PMTC and DASTY in the PLM space, plans to integrate Inforbix's technology within its cloud-based PLM360 suite, and has named Inforbix co-founder Oleg Shilovitsky its Senior Director of PLM and Data Management. Autodesk was crushed last week due to a poor FQ2 report (I, II, III).

    | Aug. 28, 2012, 11:48 AM
  • Jul. 2, 2012, 11:08 AM

    In addition to Qlik, Jefferies, is downgrading Parametric Technology (PMTC -4.6%) to Hold, citing checks that point to weakening demand. The firm adds it expects organic growth, which already appears to be under pressure given Parametric's Q2 guidance, to remain depressed for a while longer. Larger CAD software rival Autodesk (ADSK -1.3%) might be ticking lower in sympathy.

    | Jul. 2, 2012, 11:08 AM
  • Apr. 25, 2012, 5:33 PM
    Parametric Technology (PMTC): Q1 EPS of $0.30 beats by $0.03. Revenue of $301M (+11.8% Y/Y) beats by $1M. Shares -6.1% AH. (PR)
    | Apr. 25, 2012, 5:33 PM
  • Apr. 9, 2012, 3:48 PM

    Parametric Technology (PMTC -3%) extends Thursday's 21% rout after the company's FQ2 warning. Canaccord downgrades shares to Hold despite believing in PMTC's technological leadership in its product lifecycle management software. Though seeing long-term growth potential, the firm thinks it will take "a few quarters of solid execution to regain investor conviction."

    | Apr. 9, 2012, 3:48 PM
  • Apr. 5, 2012, 9:18 AM

    Parametric Technology (PMTC) -16.2% premarket after the software developer lowers its Q2 forecast. PMTC says license revenue was impacted by a large transaction in Europe that did not close and lower than expected results in North America. It now expects Q2 EPS of $0.26-$0.28 on revenue of $300M, down from earlier guidance of $0.32-$0.36 and $305M-$320M.

    | Apr. 5, 2012, 9:18 AM
Company Description
PTC, Inc. develops and delivers technology solutions, comprised of software and services, which transform the way its customers create and service their products. The company solutions help its customers in discrete manufacturing organizations optimize the activities within individual business... More
Sector: Technology
Industry: Technical & System Software
Country: United States