PTC (NASDAQ:PTC) shares are up 5.7% aftermarket following Q1 results that beat EPS and revenue estimates. In-line Q2 guidance has revenue from $300M to $305M (consensus: $302.53M) and EPS from $0.28 to $0.32 (consensus: $0.32).
In-line FY18 guidance has revenue from $1.235B to $1.25B (consensus: $1.23B) with EPS from $1.29 to $1.39 (consensus: $1.36).
Key metrics: Software revenue, $265M (+10% Y/Y); license and subscription bookings, $104M; subscription mix, 67%; total deferred revenue (billed and unbilled), $1.17B (+42%); subscription Annualized Recurring Revenue, $402M (+84%).
More financials: Non-GAAP operating expenses, $183M (+$13M Y/Y); operating margin, 17% (+2 percentage points); operating cash flow, $25M; FCF, $19M; cash and equivalents, $342M; total debt, $743M.
Previously: PTC beats by $0.01, beats on revenue (Jan. 17)
Subscribe for full text news in your inbox