PTC’s strategy holds up for Q3 2020

There is no doubt some industry people sighed in relief when PTC's third-quarter financial results came in above guidance. In design and engineering, people are looking at this quarter as an indicator of what the year might look like. PTC's results look good in spite of this year’s extreme challenges. The companies in design and engineering have performed reasonably well through the first two quarters of 2020. Most of them were sustained by the transition to subscriber licensing models.  PTC’s revenues beat estimates and the company’s own forecasts.   PTC now separates its business into three major segments: Core, which includes CAD