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PTC Inc (PTC.OQ)

PTC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

PTC Inc Says Rockwell Automation Together With Any Additional Selling Stockholders May Offer, Resell Up To 10.6 Mln Shares Of Co's Common Stock
Wednesday, 28 Nov 2018 06:59am EST 

Nov 28 (Reuters) - PTC Inc ::PTC INC - ROCKWELL AUTOMATION TOGETHER WITH ANY ADDITIONAL SELLING STOCKHOLDERS MAY OFFER, RESELL UP TO 10.6 MILLION SHARES OF CO'S COMMON STOCK.  Full Article

Ptc Inc - Enters Second Amended Credit Agreement With Syndicate Of Banks
Tuesday, 18 Sep 2018 07:47am EDT 

Sept 18 (Reuters) - PTC Inc ::PTC INC - ON SEPTEMBER 13, ENTERED INTO SECOND AMENDED CREDIT AGREEMENT FOR NEW SECURED MULTI-CURRENCY BANK CREDIT FACILITY WITH SYNDICATE OF BANKS.PTC INC - CREDIT FACILITY CONSISTS OF A $700 MILLION REVOLVING CREDIT FACILITY, WHICH MAY BE INCREASED BY UP TO AN ADDITIONAL $500 MILLION - SEC FILING.PTC INC - NEW CREDIT FACILITY REPLACED PTC'S PRIOR CREDIT FACILITY.PTC INC - NEW CREDIT FACILITY MATURES ON SEPTEMBER 23, 2023.  Full Article

Rockwell Automation Q3 Earnings Per Share $1.58
Wednesday, 25 Jul 2018 07:00am EDT 

July 25 (Reuters) - Rockwell Automation Inc ::ROCKWELL AUTOMATION REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $2.16.Q3 EARNINGS PER SHARE $1.58.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $7.90 TO $8.10.SEES FY 2018 EARNINGS PER SHARE $3.29 TO $3.49.Q3 EARNINGS PER SHARE VIEW $2.04 -- THOMSON REUTERS I/B/E/S.QTRLY REPORTED SALES UP 6.2 PERCENT YEAR OVER YEAR.Q3 SALES OF $1,698.7 MILLION, UP 6.2 PERCENT.ROCKWELL AUTOMATION - ARCHITECTURE & SOFTWARE QUARTERLY SALES WERE $795.7 MILLION, AN INCREASE OF 8.7 PERCENT.CONTROL PRODUCTS & SOLUTIONS QUARTERLY SALES WERE $903.0 MILLION, AN INCREASE OF 4.1 PERCENT.RAISING FISCAL 2018 ORGANIC SALES GROWTH GUIDANCE TO ABOUT 5.5 PERCENT.Q3 REVENUE VIEW $1.69 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $7.86, REVENUE VIEW $6.70 BILLION -- THOMSON REUTERS I/B/E/S."GLOBAL INDUSTRIAL PRODUCTION AND OTHER PRODUCTION INDICATORS REMAIN STRONG".ROCKWELL AUTOMATION - DECREASE IN QTRLY NET INCOME & EPS DRIVEN BY $76.8 MILLION OF FAIR VALUE ADJUSTMENTS REGARDING PTC SECURITIES PURCHASE AGREEMENT.  Full Article

PTC Announces Third Quarter Fiscal Year 2018 Results
Wednesday, 18 Jul 2018 04:01pm EDT 

July 18 (Reuters) - PTC Inc ::PTC ANNOUNCES THIRD QUARTER FISCAL YEAR 2018 RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.36.Q3 GAAP EARNINGS PER SHARE $0.14.Q3 REVENUE $315 MILLION VERSUS I/B/E/S VIEW $312.9 MILLION.Q3 EARNINGS PER SHARE VIEW $0.32 -- THOMSON REUTERS I/B/E/S.Q3'18 LICENSE AND SUBSCRIPTION BOOKINGS WERE $113 MILLION, UP 26% YEAR OVER YEAR.SEES Q4 EPS (GAAP) $0.10 TO $0.13.SEES Q4 TOTAL REVENUE $318 MILLION - $323 MILLION.SEES Q4 EPS (NON-GAAP) $0.41 TO $0.46.PTC - DESPITE CURRENCY HEADWINDS IN QUARTER, RECURRING SOFTWARE REVENUE GREW 15% YOY, REFLECTING STRENGTH OF SUBSCRIPTION MODEL, NEW BOOKINGS WERE STRONG.Q4 EARNINGS PER SHARE VIEW $0.41, REVENUE VIEW $326.5 MILLION -- THOMSON REUTERS I/B/E/S.SEES Q4 LICENSE AND SUBSCRIPTION BOOKINGS $135 MILLION TO $152 MILLION.SEES 2018 FREE CASH FLOW $210 MILLION TO $220 MILLION.  Full Article

PTC Says Subject To Completion Of Purchase Agreement With Rockwell Automation, Board Authorized Repurchase Of Up To An Additional $1 Bln
Monday, 11 Jun 2018 07:15am EDT 

June 11 (Reuters) - PTC Inc ::PTC - SUBJECT TO COMPLETION OF PURCHASE AGREEMENT WITH ROCKWELL AUTOMATION, BOARD AUTHORIZED REPURCHASE OF UP TO AN ADDITIONAL $1.0 BILLION - SEC FILING.  Full Article

Rockwell Automation To Make $1 Bln Equity Investment In PTC
Monday, 11 Jun 2018 06:13am EDT 

June 11 (Reuters) - PTC Inc ::PTC AND ROCKWELL AUTOMATION ANNOUNCE STRATEGIC PARTNERSHIP TO DRIVE INDUSTRIAL INNOVATION AND ACCELERATE GROWTH.ROCKWELL AUTOMATION INC - ROCKWELL AUTOMATION TO MAKE $1B EQUITY INVESTMENT IN PTC.ROCKWELL AUTOMATION INC - AS PART OF PARTNERSHIP, ROCKWELL AUTOMATION WILL MAKE A $1 BILLION EQUITY INVESTMENT IN PTC.ROCKWELL AUTOMATION INC - ROCKWELL AUTOMATION INTENDS TO FUND INVESTMENT THROUGH A COMBINATION OF CASH ON HAND AND COMMERCIAL PAPER BORROWINGS.ROCKWELL - ROCKWELL AUTOMATION'S CHAIRMAN AND CEO, BLAKE MORET, WILL JOIN PTC'S BOARD OF DIRECTORS EFFECTIVE WITH CLOSING OF EQUITY TRANSACTION.ROCKWELL AUTOMATION INC - INCREASING ITS SHARE REPURCHASE TARGET FOR FISCAL YEAR 2018 TO $1.5 BILLION.ROCKWELL AUTOMATION INC - $1 BILLION EQUITY INVESTMENT IN PTC BY ACQUIRING 10.6 MILLION NEWLY ISSUED SHARES AT A PRICE OF $94.50.ROCKWELL AUTOMATION INC - PTC INTENDS TO USE PROCEEDS FROM EQUITY INVESTMENT TO REPURCHASE STOCK TO OFFSET DILUTION.ROCKWELL AUTOMATION INC - SHARE BUYBACK REPRESENTS A $300 MILLION INCREASE TO ITS PREVIOUS PLANS TO REPURCHASE $1.2 BILLION OF ITS STOCK IN FISCAL YEAR 2018.  Full Article

PTC Q1 GAAP Earnings Per Share $0.12
Wednesday, 17 Jan 2018 04:01pm EST 

Jan 17 (Reuters) - Ptc Inc ::PTC ANNOUNCES FIRST QUARTER FISCAL YEAR 2018 RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $0.31.Q1 GAAP EARNINGS PER SHARE $0.12.Q1 REVENUE $307 MILLION VERSUS I/B/E/S VIEW $300.8 MILLION.Q1 EARNINGS PER SHARE VIEW $0.30 -- THOMSON REUTERS I/B/E/S.SEES ‍Q2 EPS (GAAP) $0.01 TO $0.04​.SEES ‍Q2 EPS (NON-GAAP) $ 0.28 TO $0.32​.SEES ‍FISCAL YEAR EPS (GAAP) $ 0.28 TO $ 0.37​.- ‍Q1 LICENSE AND SUBSCRIPTION BOOKINGS WERE $104 MILLION AND SUBSCRIPTION MIX WAS 67%​.SEES ‍ FISCAL YEAR EPS (NON-GAAP) $ 1.29 TO $ 1.39​.- RECORDED IMPACT OF TAX CUTS AND JOBS ACT IN Q1 GAAP EARNINGS, RESULTING IN NON-CASH TAX BENEFIT OF ABOUT $7 MILLION.SEES ‍Q2 TOTAL REVENUE $ 300 MILLION TO $ 305 MILLION ​.- RECORDED NON-CASH TAX BENEFIT OF ABOUT $0.5 MILLION RELATED TO NEW STOCK-BASED COMPENSATION ACCOUNTING GUIDANCE.SEES ‍FISCAL YEAR TOTAL REVENUE $ 1,235 MILLION TO $ 1,250 MILLION ​.SEES ‍FISCAL YEAR FREE CASH FLOW $ 195 MILLION TO $ 205 MILLION ​.  Full Article

PTC reports Q4 non-GAAP earnings per share $0.34
Wednesday, 25 Oct 2017 04:01pm EDT 

Oct 25 (Reuters) - Ptc Inc :PTC announces fourth quarter and fiscal year 2017 results.Q4 non-GAAP earnings per share $0.34.Q4 GAAP earnings per share $0.15.Q4 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Q4 revenue $307 million versus I/B/E/S view $306.6 million.PTC Inc - ‍Q4 2017 license and subscription bookings were $144 million, up 1% year-over-year​.PTC Inc - ‍reaffirming prior fiscal 2021 financial targets​.PTC Inc sees Q1 2018 ‍license and subscription bookings of $82 million to $92 million; sees FY 2018 license and subscription bookings of $446 million to $464 million ​.PTC Inc sees Q1 2018 adjusted earnings per share of $0.28 to $0.32; sees FY 2018 adjusted earnings per share of $1.27 to $1.37​.PTC Inc sees Q1 2018 ‍total revenue of $297 million to $302 million; sees FY 2018 total revenue of $1,225 million versus $1,240 million​.FY2018 earnings per share view $1.46, revenue view $1.22 billion -- Thomson Reuters I/B/E/S.PTC Inc sees Q1 GAAP earnings per share $0.03 to $ 0.05‍; sees FY 2018 GAAP earnings per share $0.24 to $0.30​.Q1 earnings per share view $0.33, revenue view $298.2 million -- Thomson Reuters I/B/E/S.  Full Article

PTC says board has authorized repurchase of up to $500 mln of company's common stock for period Oct 1 through Sept 30, 2020​
Tuesday, 19 Sep 2017 04:17pm EDT 

Sept 19 (Reuters) - PTC Inc :PTC Inc - ‍Board of directors has authorized repurchase of up to $500 million of company's common stock for period october 1, 2017 through September 30, 2020​.PTC Inc - Intends to use cash from operations and borrowings under its credit facility to make any such repurchases - SEC Filing.  Full Article

PTC to move global headquarters to Boston Seaport
Thursday, 7 Sep 2017 10:30am EDT 

Sept 7 (Reuters) - PTC Inc ::PTC to move global headquarters to Boston Seaport.Will occupy top half of newly-constructed headquarter building in early 2019​.Announced plans to move its global headquarters to 121 seaport in Boston's Seaport district​.  Full Article

Hedge fund Latimer Light says it is shutting down

BOSTON Hedge fund Latimer Light Capital, which specialized in picking stocks, is closing its doors, becoming the latest casualty in an industry pummeled by the recent stock market sell-off.