PTC Inc

PTC: XNAS (USA)
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PTC Earnings: In Line With Expectations; Schneider Electric's Acquisition Stays on Track

PTC reported in-line fourth-quarter results. Annual recurring revenue grew 10% in constant currency, excluding divestitures. Adjusted operating margin was flat at 46% from the previous quarter. Total revenue of $673 million and EPS of $1.44 were both in the middle of guidance.

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