PTC reports low double-digit ARR growth and 20%+ cash flow growth in Q3 FY2024; maintains FY guidance

PTC INC.

2024-Q3 EPS reported $2.07 revenue$1,671,925,000

Q3 FY2024 ARR grew low double-digits YoY; cash flow growth exceeded 20%.
FY2024 guidance: constant currency ARR growth of 11-12%; free cash flow guidance reaffirmed.
CEO Neil Barua cited differentiated product portfolio driving customer business transformation.

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