News

PTC net income rises 61% on flat revenue

PTC is reporting sharply higher net income on essentially flat revenue for the first quarter of fiscal 2013, as compared with a year ago.Revenue for the quarter ending December 29, 2012 was $319.7 million, up 0.4% compared to a year earlier. Net income was $35.8 million, up 61% from a year earlier. Read more on PTC’s financials on GraphicSpeak.

Robert Dow

PTC is reporting sharply higher net income on essentially flat revenue for the first quarter of fiscal 2013, as compared with a year ago.Revenue for the quarter ending December 29, 2012 was $319.7 million, up 0.4% compared to a year earlier. Net income was $35.8 million, up 61% from a year earlier. Read more on PTC’s financials on GraphicSpeak.