PTC said ARR for Q3 of fiscal 2024 (ended June 30) was $2,126 million, up 10% from $1,929 million a year earlier, and constant currency ARR was $2,125 million, up 12%.

1. 01

   PTC said ARR for Q3 of fiscal 2024 (ended June 30) was $2,126 million, up 10% from $1,929 million a year earlier, and constant currency ARR was $2,125 million, up 12%.

2. 02

   The company said revenue for Q3 was $519 million, down 4% from $542 million a year earlier (down 3% on a constant currency basis), and operating margin was 18%, compared with 20% a year earlier.

3. 03

   PTC said operating cash flow for Q3 was $214 million, up 26% from a year earlier, and free cash flow was $212 million, up 29% from $164 million. It said its free cash flow outlook for Q3 was about $220 million.

4. 04

   PTC said it adjusted its constant currency ARR outlook for fiscal 24 to $2,200 to $2,220 million (11 to 12% growth), from its previous outlook of $2,200 to $2,240 million, and that it maintains its free cash flow outlook of about $725 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.