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Why PTC (PTC) Stock Is Nosediving
PTCPTC(US:PTC) Yahoo Finance·2025-11-07 02:55

What Happened? Shares of product design software company PTC (NASDAQ:PTC) fell 7.5% in the morning session after the company's weak revenue forecast for the upcoming quarter overshadowed its strong third-quarter results. For the third quarter, PTC reported revenue of 893.8million,a42.7893.8 million, a 42.7% year-over-year increase that comfortably surpassed Wall Street's expectations. Its adjusted earnings per share of 3.47 also significantly beat analyst estimates. However, investor enthusiasm was dampened by the compa ...