PTC Q2 FY2023: ARR growth 23%, cash from ops $211M (+48% YoY); guidance raised

PTC INC.

2023-Q1 EPS reported $1.17 revenue$1,008,091,000

ARR growth of 23% (organic 11%, organic constant currency 13%); ServiceMax/Codebeamer added 13 points to constant currency growth.
Cash from operations $211M, up 48% YoY; free cash flow $207M, also up 48% YoY.
Raising ARR midpoint and cash flow guidance for full fiscal year 2023.; CEO cites strong execution and differentiation.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PTC INC. updated its its second fiscal quarter ended March 31, 2023 guidance (raised).

Period: its second fiscal quarter ended March 31, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On April 26, 2023, PTC Inc. announced results for its fiscal second quarter ended March 31, 2023.

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Source: SEC EDGAR

accession 0000950170-23-014776

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