PTC (PTC) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter increased. The growth was reflected in comparisons with both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q2
Revenue for the quarter increased. The growth was reflected in comparisons with both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$603.1M
Revenue reported for this quarter.
Quarter-over-quarter
+9.6%
Change from the immediately preceding quarter.
Year-over-year
+11.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.2B
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 |
|---|---|---|
| Jun 30, 2023 | $542.3M | +17.3% |
| Sep 30, 2023 | $546.6M | +7.6% |
| Dec 31, 2023 | $550.2M | +1.5% |
| Mar 31, 2024 | $603.1M | +11.2% |
Revenue performance
Revenue rose relative to the immediately preceding quarter and also relative to the same quarter one year earlier.
Quarterly comparison
Revenue was higher than in the immediately preceding quarter. It was also higher than in the same quarter one year earlier.
What to watch
Cash and cash equivalents decreased compared to the end of the prior fiscal year.