PTC Announces Second Fiscal Quarter 2024 Results
BOSTON, May 1, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its second fiscal quarter ended March 31, 2024.
- For cash flow, due to invoicing and payments seasonality, and consistent with the past 3 years, we expect the majority of our collections to occur in the first half of our fiscal year and for fiscal Q4 to be our lowest cash flow generation quarter.
- The Company will host a conference call to discuss results at 5:00 pm ET on Wednesday, May 1, 2024.
- We do not adjust for acquisitions that have an immaterial impact on our ARR results when providing organic ARR results.
- We do not adjust for acquisitions that have an immaterial impact on our ARR results when providing organic constant currency ARR results.