PTC reports Q4/FY2024 results with low-double-digit ARR growth, >20% cash flow growth; authorizes $2B buyback

PTC INC.

2024-FY EPS reported $3.12 revenue$2,298,472,000

ARR grew low double-digits YoY; cash flow from operations grew >20% in FY2024.
Board authorized $2B share repurchase program through Sept 2027; ~$300M expected in FY2025.
Company realigning go-to-market organization to better serve customers and scale.
CEO Neil Barua highlighted differentiated strategy and customer value.

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