BOSTON, March 27, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced the release of its Codebeamer® 3.0 Application Lifecycle Management (ALM) solution, designed to enable companies to develop products faster, more sustainably, and with higher quality, as well as help ensure regulatory compliance.

BOSTON, March 25, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) will preview its Windchill® AI product lifecycle management (PLM) assistant, a generative AI-powered PLM offering, at Hannover Messe 2025. Windchill AI leverages all product data stored in Windchill to enable engineers to access information, make decisions, and develop their products more efficiently. Windchill AI will be demonstrated alongside PTC's Codebeamer® AI offering for requirements management and ServiceMax® AI offering for field service management.

BOSTON, March 13, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has appointed Trac Pham to its Board of Directors, effective March 17, 2025.

Pham is the former Chief Financial Officer of Synopsys, a recognized leader in electronic design automation and semiconductor development. During his tenure as CFO, Pham led Synopsys through two significant transformations that helped scale the company from $2.0B to $5.1B in revenue while expanding operating margins. He is currently on the Board of Directors of UKG and SiFive, serving as Chair of the Audit Committee for both Boards.

BOSTON, Feb. 27, 2025 /PRNewswire/ -- PTC (Nasdaq: PTC) today announced that it will participate in the following conferences.

What:     Morgan Stanley Technology, Media & Telecom ConferenceWhen:    Tuesday, March 4th, 2025 at 2:35pm PST 

What:     Stifel's Inaugural NYC Technology 1:1 ConferenceWhen:    Tuesday, March 11th, 2025

What:      BofA Securities 32nd Annual Industrials, Transportation & Airlines Key Leaders ConferenceWhen:     Thursday, May 15th, 2025

BOSTON, Feb. 12, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced the release of the ServiceMax AI field service management assistant powered by generative artificial intelligence (GenAI). ServiceMax AI leverages the full documented history of a field asset stored in the ServiceMax® platform, including equipment data, service history, and known service resolutions, to help field service technicians get more done in less time. With the power of GenAI, technicians can use ServiceMax AI Chat to answer questions about a specific job or asset, automate manual documentation and scheduling tasks, and review proactive recommendations for predictive maintenance. 

Solid ARR and Cash Flow

BOSTON, Feb. 5, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its first fiscal quarter ended December 31, 2024.

"In Q1'25, we delivered solid year-over-year constant currency ARR growth of 11% and cash flow growth above 25%, which was in-line with our guidance. Our differentiated strategy leverages our unique portfolio to help product companies accelerate their time to market and manage increasing complexity. It's an exciting time because our products are at the epicenter of driving business transformation at our customers," said Neil Barua, President and CEO, PTC.

BOSTON, Jan. 15, 2025 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2025 first quarter results on Wednesday, February 5th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, February 5th at 5 pm Eastern Time. The earnings press release, accompanying earnings presentation, and financial data tables will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at PTC Investor Relations.

BOSTON, Dec. 9, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has appointed Robert Dahdah as Executive Vice President, Chief Revenue Officer.

Dahdah joins PTC from Microsoft, where he served as Corporate Vice President of Global Healthcare and Life Sciences. Dahdah will be responsible for global sales and customer success for PTC's Digital Thread group and the overall execution of the company's vertical-focused go-to-market strategy.

BOSTON, Dec. 3, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has partnered with Microsoft and Volkswagen Group to develop a generative artificial intelligence (AI) copilot based on the PTC Codebeamer® application lifecycle management (ALM) solution. Codebeamer Copilot will support software development in physical products by enabling software engineers to create and manage product requirements more efficiently as well as test, validate, and release them.

Solid ARR and Cash Flow in Fourth Fiscal Quarter and Full Fiscal Year

BOSTON, Nov. 6, 2024 /PRNewswire/ -- PTC (NASDAQ: PTC) today reported financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2024.

"In fiscal year 2024, we again delivered solid ARR and cash flow, with year-over-year ARR growth in the low double-digits and cash flow growth above 20%. We have a differentiated strategy that leverages our unique portfolio to help product companies accelerate their time to market and manage increasing complexity. It's an exciting time because our products are at the epicenter of driving business transformation at our customers," said Neil Barua, President and CEO, PTC.