Expects Q1 Revenue Near the High End of its Guidance Range
NEEDHAM, Mass. — (BUSINESS WIRE) — December 30, 2013 — PTC (Nasdaq: PTC) today announced that preliminary revenue for the first fiscal quarter ended December 28, 2013 is expected to be near the high end of the company’s guidance of $310 to $320 million. As was referenced in our press release announcing the acquisition of ThingWorx, we are maintaining our FY’14 non-GAAP EPS guidance of $2.00-$2.10. PTC will release its fiscal 2014 first quarter results on Wednesday, January 22 after the stock market closes. Senior management will host a live webcast and conference call to review the results on Thursday, January 23 at 8:30am Eastern Time. The earnings press release and accompanying prepared remarks will be accessible prior to the conference call and webcast on the Investor Relations section of the Company's website at www.ptc.com.
| What: | PTC Fiscal Q1 FY14 Conference Call and Webcast | ||
| When: | Thursday, January 23rd, 2014 at 8:30am (ET) | ||
| Dial-in: |
1-800-857-5592 or 1-773-799-3757
Call Leader: James Heppelmann Passcode: PTC |
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| Webcast: | |||
| Replay: |
The audio replay of this event will be archived for public replay until 4:00 pm (CT) on February 2nd, 2014. Dial-in: 800-835-4112 Passcode: 8821 To access the replay via webcast, please visit www.ptc.com/for/investors.htm. |
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Please note that statements made on the conference call are as of the date of the call and PTC does not assume any obligation to update any statements made live or the archived call. Matters discussed may include forward-looking statements about PTC's anticipated financial results and growth, as well as about the development of products and markets, which are based on current plans and assumptions. Actual results in future periods may differ materially from current expectations due to a number of risks and uncertainties, including those described from time to time in reports filed by PTC with the U.S. Securities and Exchange Commission, including PTC's most recent reports on Form 10-Q and Form 10-K.
Forward-Looking Statements
This
press release contains preliminary results for the first quarter of
2014. Actual results may differ from those stated as a result of
finalization of our first quarter financial statements. This press
release also includes forward-looking statements about our fiscal 2014
financial guidance. Actual results may differ materially from those
projected due to risks and uncertainties, including the possibility that
the macroeconomic climate may not improve or may deteriorate, the
possibility that customers may not purchase or adopt our solutions,
including the ThingWorx solutions, when or at the rates we expect, and
other risks and uncertainties detailed from time to time in reports we
file with the Securities and Exchange Commission, including our Annual
Report on Form 10-K and our Quarterly Reports on Form 10-Q.
PTC, the PTC logo, and all other PTC product names and logos are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and in other countries.
About PTC
PTC
(Nasdaq:
PTC) enables manufacturers to achieve sustained product and
service advantage. The company’s technology solutions help customers
transform the way they create and service products across the entire
product lifecycle – from conception and design to sourcing and service.
Founded in 1985, PTC employs over 6,000 professionals serving more than
27,000 businesses in rapidly-evolving, globally distributed
manufacturing industries worldwide. Get more information at
www.ptc.com.
Contact:
PTC Investor Relations
James Hillier, 781-370-6359
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