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BOSTON, April 15, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced two new offerings from its cloud-native Onshape® computer-aided design (CAD) and product data management (PDM) platform: Onshape AI Advisor, an intelligent, generative AI-powered assistant that enables the enhancement of design productivity and expertise, and Onshape Government, a specialized solution designed to meet the International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR) regulatory and compliance needs of U.S. government agencies and defense contractors. These offerings empower designers and engineers to work more efficiently, collaborate in real time, and deliver high-quality products to the market faster.
BOSTON, April 9, 2025 /PRNewswire/ -- PTC (Nasdaq: PTC) will release its fiscal 2025 second quarter results on Wednesday, April 30th after the stock market closes. Senior management will host a live webcast and conference call to review the results on Wednesday, April 30th at 5pm 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, April 2, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced the acquisition of IncQuery Group.
IncQuery Group offers application lifecycle management (ALM) and systems engineering development and consultancy services to global manufacturers and product companies. IncQuery Group helps simplify the product development process by connecting hardware and software engineering systems and enables better collaboration across development teams and more efficient management of product data. The acquisition further expands PTC's deep expertise in ALM, systems engineering, and product lifecycle management (PLM) and support for customers in these areas.
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.