PTC sails through its fiscal Q2 ’20 with increased revenues and ARR

PTC reported revenues for the quarter ending March 28, 2020, and were optimistic, if guarded. The company’s revenues for PTC second fiscal quarter of 2020 were up 24% at $360 million compared to $356 million. Income was $7 million. PTC plans to be spending money developing its IoT/AR. PTC saw very little hit from adverse market conditions for its second ...

Kathleen Maher

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