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PTC Inc. (PTC) revealed a profit for its fourth quarter that increased from the same period last year.


RTTNews | Oct 28, 2020 04:12PM EDT

16:11 Wednesday, October 28, 2020 (RTTNews.com) - PTC Inc. (PTC) revealed a profit for its fourth quarter that increased from the same period last year.

The company's earnings totaled $53.41 million, or $0.46 per share. This compares with $9.83 million, or $0.08 per share, in last year's fourth quarter.

Excluding items, PTC Inc. reported adjusted earnings of $91.79 million or $0.78 per share for the period.

The company's revenue for the quarter rose 16.7% to $390.98 million from $335.00 million last year.

PTC Inc. earnings at a glance:

-Earnings (Q4): $91.79 Mln. vs. $74.51 Mln. last year.-EPS (Q4): $0.78 vs. $0.64 last year.-Revenue (Q4): $390.98 Mln vs. $335.00 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3140231/ptc-inc-q4-adjusted-earnings-of-0-78-per-share.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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