PTC Q3 FY23: ARR grows 25%, cash from ops up 45%, raises FY23 guidance

PTC INC.

2023-Q3 EPS reported $1.68 revenue$1,550,433,000

ARR growth 25% (organic 14%, ServiceMax +11%) on reported and constant currency basis.
Cash from operations $169M, up 45% YoY; free cash flow $164M, up 46% YoY.
Raising ARR and cash flow guidance for fiscal year 2023 (specific guidance not provided).
CEO highlights strong product portfolio and SaaS capabilities for manufacturing digital transformation.

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 0.95

PTC INC. updated its third fiscal quarter ended June 30, 2023 guidance (raised).

Period: third fiscal quarter ended June 30, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On July 26, 2023, PTC Inc. announced results for its fiscal third quarter ended June 30, 2023.

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Source: SEC EDGAR

accession 0000950170-23-034716

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