PTC Posts Q4 Profit - Quick Facts

(RTTNews) - PTC Inc. (PMTC) Wednesday reported fourth-quarter profit of $56.47 million or $0.47 per share, compared to a loss of $83.99 million or $0.71 per share in the same period last year.

Revenues increased to $344.85 million from $325.30 million last year. Analysts expected revenues of $335.0 million.

Looking ahead to the first quarter, the company has forecast adjusted earnings in the range of $0.41 to $0.46 per share, with revenues ranging between $310 million to $320 million. Analysts currently expect the company to earn $0.45 per share on first-quarter revenues of $325.77 million.

For the fiscal 2014, the company currently projects adjusted earnings in the order of $2.00 to $2.10 per share, with revenues ranging between $1.33 billion and $1.34 billion. Analysts currently expect the company to report full-year earnings of $1.75 per share on revenues of $1.29 billion.