PTC Inc. reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported sales was USD 506.03 million compared to USD 417.11 million a year ago. Revenue was USD 550.21 million compared to USD 465.91 million a year ago.

Net income was USD 66.39 million compared to USD 75.04 million a year ago. Basic earnings per share from continuing operations was USD 0.56 compared to USD 0.64 a year ago. Diluted earnings per share from continuing operations was USD 0.55 compared to USD 0.63 a year ago.