PTC shares are trading higher after the company reported better-than-expected Q4 adjusted EPS results and issued guidance for Q4 and FY23.
Portfolio Pulse from Benzinga Newsdesk
PTC Inc. reported better-than-expected Q4 adjusted EPS results and issued positive guidance for Q4 and FY23, leading to a rise in its share price.
November 02, 2023 | 3:48 pm
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PTC's better-than-expected Q4 results and positive guidance for Q4 and FY23 have led to an increase in its share price.
PTC's shares are trading higher due to the company's strong Q4 results, which exceeded expectations. Additionally, the company's positive guidance for Q4 and FY23 indicates a strong future performance, which is likely to further boost investor confidence and potentially lead to a continued rise in the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100