Ptc Inc Stock Price, News & Analysis

PTC (Nasdaq: PTC) has announced its participation in five major investor conferences throughout 2025. The schedule includes:

• Morgan Stanley Technology, Media & Telecom Conference on March 4th at 2:35pm PST
• Stifel's Inaugural NYC Technology 1:1 Conference on March 11th
• BofA Securities 32nd Annual Industrials Conference on May 15th
• Baird Global Consumer, Technology & Services Conference on June 3rd
• Mizuho Technology Conference on June 10th

The global software company, headquartered in Boston, serves over 30,000 customers worldwide with a workforce of more than 7,000 employees. PTC specializes in enabling digital transformation for industrial and manufacturing companies in product design, manufacturing, and service operations.

PTC (NASDAQ: PTC) has launched ServiceMax AI, a generative AI-powered field service management assistant. The new solution leverages documented field asset history stored in the ServiceMax platform to enhance technician effectiveness.

The AI assistant includes features such as ServiceMax AI Chat which helps technicians by answering job-specific questions, automating documentation and scheduling tasks, and providing predictive maintenance recommendations. The system utilizes equipment data, service history, and known service resolutions to streamline service operations.

This technology combines decades of field service expertise with the latest generative AI capabilities, aimed at modernizing service organization workflows and improving the technician experience.

PTC (NASDAQ: PTC) reported Q1 2025 financial results with solid performance in key metrics. The company achieved 11% year-over-year constant currency ARR growth and cash flow growth above 25%. Revenue increased 3% to $565 million, while operating margin was 20% and non-GAAP operating margin was 34%.

The company initiated a realignment of its go-to-market organization to better serve vertical industries. PTC reported earnings per share of $0.68 and non-GAAP EPS of $1.10. The company executed $75 million in share repurchases during Q1 and plans similar buybacks in Q2.

For FY2025 guidance, PTC expects 9-10% constant currency ARR growth, operating cash flow of $850-865 million, and free cash flow of $835-850 million. Revenue is projected at $2.43-2.53 billion with non-GAAP earnings per share of $5.30-6.00.

PTC (Nasdaq: PTC) has announced it will release its fiscal 2025 first quarter results on Wednesday, February 5th, 2025, after market close. The company will host a live webcast and conference call with senior management to discuss the results at 5:00 PM Eastern Time on the same day.

The earnings release, presentation, and financial data tables will be made available on PTC's Investor Relations website before the conference call. Interested parties can access the webcast through registration, and a replay will be available afterward.

PTC has appointed Robert Dahdah as Executive Vice President, Chief Revenue Officer. Dahdah joins from Microsoft, where he served as Corporate Vice President of Global Healthcare and Life Sciences. With over 30 years of experience leading global sales organizations, Dahdah will oversee global sales and customer success for PTC's Digital Thread group and implement the company's vertical-focused go-to-market strategy.

Prior to Microsoft, Dahdah held positions at Nuance Communications and ADP, demonstrating expertise in managing sales cycles, accelerating pipeline across vertical markets, expanding into top accounts, and creating scalable models for geographical expansion.

PTC has announced a strategic partnership with Microsoft and Volkswagen Group to develop Codebeamer Copilot, a generative AI solution for software development in physical products. The AI copilot will be built on PTC's Codebeamer application lifecycle management platform and will utilize Microsoft Azure AI capabilities. The solution aims to enhance software engineers' efficiency in creating, managing, testing, and validating product requirements. Volkswagen Group will implement this technology across its brands and vehicle projects, with the beta version expected to release in early 2025.

PTC announced a new $2 billion share repurchase authorization extending through September 30, 2027. The company plans to repurchase approximately $300 million of common stock in fiscal 2025, starting in Q1. PTC's long-term strategy aims to return about 50% of free cash flow to shareholders through share repurchases while considering interest rates and strategic opportunities. The repurchases will be executed through open market purchases, including Rule 10b5-1 plans, with timing and amount dependent on factors like cash flow, economic conditions, and stock price.

PTC reported strong financial results for Q4 and FY2024, with ARR growing 14% to $2,255 million and free cash flow increasing 25% to $736 million. Q4 revenue rose 15% to $627 million, with operating margin expanding to 31%. The company announced a new $2 billion share repurchase authorization through FY2027. For FY2025, PTC forecasts 9-10% constant currency ARR growth and free cash flow of $835-850 million. The company plans to repurchase approximately $300 million of stock in FY2025 and expects to maintain a disciplined investment approach despite challenging market conditions.

PTC (Nasdaq: PTC) has announced it will release its fiscal 2024 fourth quarter and full year results on Wednesday, November 6th, 2024, after the stock market closes. The company will host a live webcast and conference call at 5:00 PM Eastern Time on the same day to review the results.

Investors can access the earnings press release, accompanying presentation, and financial data tables on the Investor Relations section of PTC's website prior to the conference call. To participate in the webcast, interested parties need to register through the provided link. A replay of the webcast will be available for those unable to attend the live event.

PTC has noted that statements made during the call are as of the event date, and the company does not assume any obligation to update statements made live or in the archived call.