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PTC announces third quarter fiscal year 2018 results

PTC is coming to the culmination of a near-decade-long transition of its technology and its business model. PTC’s Mark Brunelli has written a good history of the company’s transition, which is useful if you’re not familiar with this company’s many transitions over the years. With this financial report, PTC has announced the coming end of perpetual licensing on January 1, ...

Jon Peddie

PTC is coming to the culmination of a near-decade-long transition of its technology and its business model. PTC’s Mark Brunelli has written a good history of the company’s transition, which is useful if you’re not familiar with this company’s many transitions over the years. With this financial report, PTC has announced the coming end of perpetual licensing on January 1, 2019.  Also, this quarter, PTC announced a bang-up quarter for its young IoT business and even younger AR.  PTC reported total third-quarter revenue at $315 million, which is 8% up compared to the same quarter last year. It’s a respectable
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