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PTC Stock Surges 33% in Volume Ranking 351st as Q2 Earnings Beat Estimates

Market BriefThursday, May 1, 2025 7:34 pm ET
1min read

On May 1, 2025, PTC's trading volume reached 2.87 billion, marking a 33.23% increase from the previous day and ranking 351st in the day's stock market activity. PTC's stock price rose by 0.88%, marking the third consecutive day of gains, with a total increase of 2.97% over the past three days.

PTC Inc. reported strong financial results for the second quarter of fiscal 2025, with non-GAAP earnings per share (EPS) of $1.79, surpassing the consensus estimate by 29.7%. The company's revenues reached $636 million, a 6% year-over-year increase, or 8% in constant currency, driven by strong performance across its key areas: plm, alm, SLM, CAD, and SaaS. The company's annualized recurring revenues (ARR) grew by 10% year-over-year, reaching $2.326 billion on a constant currency basis.

PTC's operating income on a non-GAAP basis rose by 17.8% year-over-year to $299.3 million, with an operating margin of 47%. The company's cash and cash equivalents increased to $235 million as of March 31, 2025, while total debt decreased to $1.39 billion. PTC's free cash flow for the quarter was $279 million, a 13% year-over-year increase.

For the third quarter of fiscal 2025, ptc estimates revenues in the $560-$600 million range and non-GAAP EPS in the $1.05 to $1.30 range. The company projects revenues for fiscal 2025 in the range of $2,445 to $2,565 million, indicating a 6-12% year-over-year increase. PTC also expects free cash flow for fiscal 2025 to be in the $840-$850 million range, suggesting a 14% to 16% increase.

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