PTC is the first publicly-owned CAD vendor to report financially each month, and so becomes the canary for the industry. I'll let ceo C. Richard Harrison chirp the song for Q4 and FY09:
The company expects Q1 next year to produce $230 to $240 million in revenue, and to continue avoiding re-admittance to the billion-dollar club with expected annual revenues of $980 million.
Source.
Our constant-currency [meaning, ignoring the difference in exchange rates] non-GAAP [not generally accepted accounting principles] FY'09 [revenue for fiscal year 2009] [of $246.3 million] was down 9% compared to last year.
While license revenue was down 34%, maintenance and services revenue were up 3% and 1%, respectively...
We again delivered license revenue growth in all of our major geographies except Japan.
We had better license and total revenue in North America than we did in Q4'08, which was PTC's best revenue quarter ever...For the year, the company made $938.2 million.
The company expects Q1 next year to produce $230 to $240 million in revenue, and to continue avoiding re-admittance to the billion-dollar club with expected annual revenues of $980 million.
Source.
Comments