PTC Q3: Revenues Up, Profits Down

Jul 26, 2006

PTC Q3: Revenues Up, Profits Down

PTC today reports Q3 revenues of US$216.7 million, up 20% from a year ago.

Net income fell to $16.9 million, down from $26.7 million a year ago. The decline is due to PTC now including the cost of stock-based compensation, as required by the US government. PTC has $174 million cash in the bank.

Posted at 06:58 AM in CAD: Financials | Permalink

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WorldCAD Access

talking about computers and design by Ralph Grabowski

Jul 26, 2006