PTC Inc. Reports 73% Gain In Q4 Profit

(RTTNews) - PTC Inc. (PTC) reported earnings for its fourth quarter that increased from last year.

The company said its bottom line totaled $39.54 million, or $0.34 per share. This was higher than $22.88 million, or $0.20 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.3% to $306.38 million. This was up from $288.24 million last year.

PTC Inc. earnings at a glance:

-Earnings (Q4): $39.54 Mln. vs. $22.88 Mln. last year. -Earnings Growth (Y-o-Y): 72.8% -EPS (Q4): $0.34 vs. $0.20 last year. -EPS Growth (Y-o-Y): 70.0% -Analysts Estimate: $0.36 -Revenue (Q4): $306.38 Mln vs. $288.24 Mln last year. -Revenue Change (Y-o-Y): 6.3%

-Guidance: Next quarter EPS guidance: $0.28 - $0.32 Next quarter revenue guidance: $297 - $302 Mln