NASDAQ:PTC   11:02:21 AM EDT
+0.39 (+0.33%)
Share Repurchases, Regulatory, Other Pre-Announcement

PTC Inc Expects ARR Growth Of 9% To 12% On Constant Currency Basis For FY21

Published: 12/15/2020 13:51 GMT
PTC Inc (PTC) - Ptc Inc - for FY’21, Co Expects Arr Growth of 9% to 12% on Constant Currency Basis, Cash Flow From Operations of $365 Million, and Free Cash Flow of $340 Million.
Ptc Inc Says Expects FY’21 Customer Churn (non-renewals of Recurring Revenue Contracts) to Decline to About 7.5% - Sec Filing.
Ptc Inc Says for Q1’fy’21, Co is Tracking to Mid-point of Arr Guidance of $1.28 Billion to $1.32 Billion.
Ptc Inc Says Board Authorized Repurchase of Up to $1 Billion of Common Stock for Period October 1, 2020 Through September 30, 2023.
Ptc Inc Says Expects to Begin Share Repurchases in Its Q4’fy’21, Which Begins July 1, 2021.