PTC (PTC) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter decreased. Both sequential and year-over-year comparisons showed declines.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q3
Revenue for the quarter decreased. Both sequential and year-over-year comparisons showed declines.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$518.6M
Revenue reported for this quarter.
Quarter-over-quarter
-14.0%
Change from the immediately preceding quarter.
Year-over-year
-4.4%
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 |
|---|---|---|
| Sep 30, 2023 | $546.6M | +7.6% |
| Dec 31, 2023 | $550.2M | +1.5% |
| Mar 31, 2024 | $603.1M | +11.2% |
| Jun 30, 2024 | $518.6M | -4.4% |
Revenue performance
The reported revenue was lower than the preceding quarter. It also fell short of the year-ago figure.
Quarterly comparison
Compared to the immediately preceding quarter, revenue contracted. The same quarter one year earlier also exceeded the current quarter's revenue.
What to watch
Monitor whether revenue trends can stabilize after the sequential decline and year-over-year downturn.