The Canary in Our Coalmine: PTC Down 11%

Jul 28, 2009

The Canary in Our Coalmine: PTC Down 11%

Parametric Technologies this afternoon reports that Q3 revenues were $226.2 million, down 11% from a year ago (based on constant currency and non-GAAP).

The company hopes end contraction and to return to growth in 2010 with a 20% increase in EPS (earnings per share).

PTC is guessing that Q4 revenues will be $235-$245 million, and for all of 2009 approximately $931 million.

Source.

Posted at 02:28 PM in CAD: Financials | Permalink

Comments

Verify your Comment

Previewing your Comment

Posted by: |

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:

Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name is required. Email address will not be displayed with the comment.)

Name is required to post a comment

Please enter a valid email address

Invalid URL

WorldCAD Access

talking about computers and design by Ralph Grabowski

Jul 28, 2009