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PTC Inc (PTC.OQ)

PTC.OQ on NASDAQ Stock Exchange Global Select Market

98.97USD
16 Oct 2018
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Latest Key Developments (Source: Significant Developments)

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

PTC reports Q2 gaap loss per share $0.01
Wednesday, 19 Apr 2017 04:01pm EDT 

April 19 (Reuters) - PTC Inc -:PTC announces second quarter fy’17 results.Q2 non-gaap earnings per share $0.30.Q2 gaap loss per share $0.01.Q2 earnings per share view $0.28 -- Thomson Reuters I/B/E/S.Q2 revenue $281 million versus i/b/e/s view $284.1 million.PTC Inc -q2 2017 license and subscription bookings were $95 million, up 11% yoy, both as reported and in constant currency.PTC Inc- expect to record approximately $3 million in restructuring charges in q3 of 2017 related to closure of a leased facility.PTC Inc- expect to record approximately $3 million in restructuring charges in q3 of 2017 related to closure of a leased facility.Sees fy 2017 non gaap earnings per share between $1.13 to $1.23.Sees q3 2017 non gaap earnings per share between $0.24 to $0.29.  Full Article

Roche SMA drug shines in study as costly new therapies advance

ZURICH A drug being co-developed by Roche to treat spinal muscular atrophy (SMA) helped improve development scores in babies with the genetic disease, a study released on Monday showed, as the race heats up for therapies destined to be among the drug industry's most expensive.