PTC Inc. Reports Strong Financial Performance in Latest Quarter
Live Analysis
PTC Inc. (PTC) is currently trading at 202.86, with a price change of 87 cents, representing a 0.431% increase from the previous close of 202. The trading volume is $605,250, which is 71.66% higher than the average. The company's stock is showing positive momentum in today's session.
Earnings Overview
In the latest quarterly earnings report for PTC, the company reported earnings per share of 1.64, beating the consensus estimate of 1.22. The total revenue for the quarter was 643.94 million, slightly below the consensus estimate of 750.92 million. The company's earnings call provided further insights into their financial performance.
Income Statement
PTC's income statement reveals a gross profit of 533.91 million, with a gross profit ratio of 82.91%. Operating income stands at 209.83 million, resulting in a net income of 141.33 million. The company's earnings per share (EPS) is reported at 1.18.
Ratios
Key financial ratios for PTC include a net profit margin of 21.95%, return on equity of 4.02%, and a price to earnings ratio of 36.56. The company's debt to equity ratio is 40.19, indicating a moderate level of leverage.
Balance Sheet
On the balance sheet, PTC shows total assets of 6.23 billion, with total liabilities of 2.72 billion. The company has 199.32 million in cash and cash equivalents, along with 209.42 million in tax assets.
Overall, PTC Inc. demonstrates strong financial performance and a solid balance sheet, positioning the company well for future growth and profitability.
