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PTC reports end of year results

PTC had a good fourth quarter and a not-bad year considering.  PTC’s revenues are up year over year, quarter over quarter and the company says the pipeline into 2021 is looking pretty good. All this while the world struggles with a virus that just won’t go away.  PTC’s revenue was $391 million in Q4, a 17% increase over Q4 2019 ...

Kathleen Maher

PTC had a good fourth quarter and a not-bad year considering.  PTC’s revenues are up year over year, quarter over quarter and the company says the pipeline into 2021 is looking pretty good. All this while the world struggles with a virus that just won’t go away.  PTC’s revenue was $391 million in Q4, a 17% increase over Q4 2019 when it was $335 million. The company reported $1,458 million for their FY 20 compared to $1,256 million for the 4 quarters ending in 2019, a growth of 16%. Growth in the mid-teens is what the company promised and that’s
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