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PTC Inc.'s shares rose 3.5% in Q1 2021, with revenue up 5.5% to $636.37 million, exceeding estimates.
PTC Inc., a software company, saw its shares rise 3.5% in Q1 2021, with earnings of $1.79 per share, exceeding estimates.
Universal Beteiligungs und Servicegesellschaft mbH bought an additional 2,048 shares, now owning 0.05% of PTC worth $9.35 million.
PTC's revenue was $636.37 million, up 5.5% year-over-year.
Analysts have a "Moderate Buy" rating with a target price of $194.08.
The company offers software solutions like Windchill, ThingWorx, and ServiceMax.
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Las acciones de PTC Inc. subieron un 3.5% en el primer trimestre de 2021, con un aumento de los ingresos del 5.5% a $636.37 millones, superando las estimaciones.