PTC: Q1 Earnings Insights

PTC PTC reported its Q1 earnings results on Wednesday, January 26, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

PTC missed estimated earnings by 9.52%, reporting an EPS of $0.95 versus an estimate of $1.05, which did not surprise analysts.

Revenue was up $28.67 million from the same period last year.

Last quarter the company beat on EPS by $0.42, which was followed by a 6.87% drop in the share price the next day.

Here's a look at PTC's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.68	0.63	0.70	0.65
EPS Actual	1.10	0.83	1.08	0.97
Revenue Estimate	429.62M	412.73M	416.19M	382.33M
Revenue Actual	480.66M	435.67M	461.79M	429.05M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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