earnings
confidence high
sentiment positive
materiality 0.75
PTC Q1 FY2022 ARR up 16% cc; raises FY22 ARR guidance low end
PTC INC.
2022-Q1 EPS reported
$0.39
revenue$457,721,000
- ARR $1,496M (cc $1,507M), up 16% cc YoY, above guidance of $1,500M; organic cc growth 11%.
- Revenue $458M (+7% YoY); GAAP EPS $0.39, non-GAAP EPS $0.95.
- Operating cash flow $138M, adjusted free cash flow $145M, up from $114M and $121M in Q1'21.
- Raised low end of FY'22 constant currency ARR guidance; repurchased $120M in stock during Q1.
- Ended Q1 with $296M cash, $1.45B gross debt; $87M investment in Matterport.