PTC Inc
PTC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <xn | LOCK|r!r | LOCK|m^d%!C& |
PTC Earnings: On Track to Reach Growth Goals; Early AI Traction Is Encouraging
PTC reported solid second-quarter results, with annual recurring revenue, or ARR, growing 8.5% in constant currency. Revenue of $774 million and earnings per share of $4.98 both topped guidance. Adjusted operating margin improved 600 basis points year over year to 53%.
