PTC - Graphics Software Company Benefits From Digitization Boom!
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Business drivers: The US software company PTC (PTC) supports businesses with its software suites in key areas such as digital product development solutions, digital twins, product lifecycle management, and AR solutions. The portfolio includes CAD software Creo, the PLM platform Windchill, the IoT solution ThingWorx, and AR software Vuforia. Recently, PTC raised its annual forecast after better-than-expected Q2 results and now anticipates EPS of $5.80-5.66 (previously: $5.30-6.00). On July 10, Bloomberg reported that competitor Autodesk...
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