secwatch.observer — SEC 8-K summary
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Issuer:     PTC INC. (PTC)
CIK:        0000857005
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000950170-22-021176
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PTC Q4 ARR +7% (+16% cc); FY22 free cash flow +21% to $416M
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- Q4'22 ARR $1,572M, up 7% YoY; constant currency ARR up 16% to $1,706M; organic constant currency up 15%.
- Q4'22 revenue $508M, up 6% (12% cc); FY22 revenue $1,933M, up 7% (11% cc).
- FY22 cash from ops $435M (+18%), free cash flow $416M (+21%), adjusted free cash flow $468M (+20%).
- FY22 results exceeded guidance; FX headwinds cut ARR by $134M and FY22 free cash flow by ~$30M.
- Codebeamer acquisition contributed 1 point to ARR growth; Russia ops discontinuation reduced ARR by $4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/857005/000095017022021176/0000950170-22-021176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/857005/000095017022021176/ptc-20221102.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021176

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