PTC’s third quarter beats expectations

There were no real surprises in PTC’s third-quarter announcement and no balls were knocked out of no parks but the company demonstrates the value of fast reflexes and strategic moves as well as the established position of its Core products in the market. PTC president and CEO James Heppelmann said, “our performance in the third quarter and year to date reflects continued strong execution. We again delivered double-digit top line growth, leading to solid operating and free cash flow results.” PTC is showing consistent growth as the company adds on capabilities through partnerships and acquisition.  PTC’s revenue and income came