PTC Expects Q4 Revenues Of $540M-$570M, Consensus $572.86M
Portfolio Pulse from Benzinga Newsdesk
PTC Inc. has projected its Q4 revenues to be in the range of $540M-$570M, which is slightly below the consensus estimate of $572.86M.
July 26, 2023 | 9:24 pm
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NEGATIVE IMPACT
PTC Inc.'s projected Q4 revenues are slightly below the consensus estimate, which could potentially impact the company's stock negatively in the short term.
PTC Inc.'s projected Q4 revenues are slightly below the consensus estimate. This could lead to a negative sentiment among investors, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100