PTC HAS GREAT FQ1, REALIGNS FOR FUTURE

PTC continues to roll, reporting solid results for its fiscal first quarter ended December 31, 2011 and raising its forecasts for fiscal 2012. For the quarter, PTC reported total revenue of $318 million, up 19% from a year ago, helped by $18.5 million contributions from its MKS and 4CS Solutions acquisitions last year. For FQ2, PTC now forecasts revenue between $304 million and $319 million, including roughly $20 million from MKS and 4CS. For fiscal 2012, PTC targets revenue of $1,307 million to $1,327 million, with $90 million to $100 million from MKS/4CS. The full-year guidance assumes license revenue growth of about 17%, maintenance revenue growth of about 10% and services revenue growth of approximately 14%.

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