PTC (PTC) Revenue — Quarter Ended Jun 30, 2023
Revenue was essentially unchanged from the prior quarter but increased compared to the same quarter last year. The company's top line remained stable sequentially while showing growth on an annual basis.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q3
Revenue was essentially unchanged from the prior quarter but increased compared to the same quarter last year. The company's top line remained stable sequentially while showing growth on an annual basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$542.3M
Revenue reported for this quarter.
Quarter-over-quarter
+0.0%
Change from the immediately preceding quarter.
Year-over-year
+17.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $507.9M | +5.7% |
| Dec 31, 2022 | $465.9M | +8.6% |
| Mar 31, 2023 | $542.2M | +16.4% |
| Jun 30, 2023 | $542.3M | +17.3% |
Revenue performance
The reported revenue was flat relative to the immediately preceding quarter, indicating a pause in the sequential growth trend. However, compared to the same period a year earlier, revenue was higher.
Quarterly comparison
When measured against the prior quarter, revenue did not change, reflecting a steady performance. In contrast, revenue exceeded the level achieved in the same quarter of the previous year.
What to watch
The company's recent acquisition activity, as noted in the filing, may continue to influence revenue trends in upcoming periods.