earnings
confidence high
sentiment positive
materiality 0.75
PTC Q3 FY2021 ARR $1.42B (+18% YoY), Revenue $436M (+24% YoY)
PTC INC.
2021-Q3 EPS reported
$1.56
revenue$1,326,504,000
- ARR of $1.42B, up 18% YoY (15% constant currency); organic ARR growth 14% (11% constant currency).
- Revenue $436M, up 24% YoY (19% constant currency) driven by execution, ASC 606 impact, and Arena.
- Cash flow from ops $88M, free cash flow $85M; GAAP op margin 17%, non-GAAP 31%.
- Cash & equivalents $366M, gross debt $1.5B, repaid $30M on revolver in Q3.
- Full-year FY2021 guidance reaffirmed on constant currency basis.