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The company said that in FY'25 Q1 (ended December 31, 2024), constant currency ARR, using FY'25 Plan FX rates, was $2,277 million, up 11% year over year, and as-reported ARR was $2,205 million, up 7%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said that in FY'25 Q1 (ended December 31, 2024), constant currency ARR, using FY'25 Plan FX rates, was $2,277 million, up 11% year over year, and as-reported ARR was $2,205 million, up 7%.

  2. PTC said revenue for Q1 (3 months) was $565 million, up 3% from $550 million a year earlier, with GAAP diluted earnings per share at $0.68 ($0.55 a year earlier) and non-GAAP earnings per share at $1.10 ($1.11 a year earlier).

  3. The company said operating cash flow for Q1 was $238 million and free cash flow was $236 million. It added that it resumed share repurchases in Q1, buying back $75 million of stock.

  4. The company gave FY'25 revenue guidance of $2,430 million to $2,530 million (previous guidance of $2,505 million to $2,605 million) and free cash flow guidance of $835 million to $850 million. It also projected constant currency ARR growth of about 9.5% for Q2.

Summary

AI-written

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.

Q1 constant currency ARR $2,277 million

The company said that in FY'25 Q1 (ended December 31, 2024), constant currency ARR, using FY'25 Plan FX rates, was $2,277 million, up 11% year over year, and as-reported ARR was $2,205 million, up 7%.

Source · Based on the filing body and exhibits

Q1 revenue $565 million, EPS $0.68

PTC said revenue for Q1 (3 months) was $565 million, up 3% from $550 million a year earlier, with GAAP diluted earnings per share at $0.68 ($0.55 a year earlier) and non-GAAP earnings per share at $1.10 ($1.11 a year earlier).

Source · Based on the filing body and exhibits

Q1 operating and free cash flow and share repurchases

The company said operating cash flow for Q1 was $238 million and free cash flow was $236 million. It added that it resumed share repurchases in Q1, buying back $75 million of stock.

Source · Based on the filing body and exhibits

FY'25 guidance and Q2 outlook

The company gave FY'25 revenue guidance of $2,430 million to $2,530 million (previous guidance of $2,505 million to $2,605 million) and free cash flow guidance of $835 million to $850 million. It also projected constant currency ARR growth of about 9.5% for Q2.

Source · Based on the filing body and exhibits

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.