PTC reports Q2 non-GAAP EPS $1.79, consensus $1.40

Reports Q2 revenue $636M, consensus $607.61M. “Q2 was a solid quarter for us, and I remain extremely optimistic about our position as an enabler of the digital economy – particularly our position as a supplier of software tools that make our customers more efficient as they design, manufacture, and service their products,” said Neil Barua, CEO. “While the current macroeconomic uncertainty makes it challenging for us to predict precisely how our customers will react, PTC (PTC) is in a better position today to meet our customers’ demand than ever before. I am confident that PTC can help our customers navigate this period by accelerating their continued transition into the digital age”.