PTC Inc is a leading technology company that specializes in providing software solutions for product design, development, and lifecycle management
It focuses on helping businesses in various industries innovate and improve their product performance through advanced technologies such as augmented reality, Internet of Things (IoT), and computer-aided design (CAD). PTC's platform enhances collaboration and efficiency in engineering and manufacturing processes by enabling organizations to connect their physical and digital worlds, ultimately driving better decision-making and faster time-to-market for products.
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Today's Research Daily features new research reports on 16 major stocks, including Apple Inc., Eli Lilly and Co., and Shopify Inc., as well as a micro-cap stock ImmuCell Corp.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Engineering and design software provider PTC (NASDAQPTC) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 2.7% year on year to $565.1 million. On the other hand, next quarter’s revenue guidance of $605 million was less impressive, coming in 5.8% below analysts’ estimates. Its GAAP profit of $0.68 per share was 26.6% above analysts’ consensus estimates.
