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Boston, Massachusetts-based PTC Inc. (PTC) provides software solutions and services globally that aid manufacturing companies in designing, operating, and managing products. With a market cap of $24.3 billion, PTC’s operations span the Americas, Europe, and the Indo-Pacific.
The tech major is expected to release its fourth-quarter results after the markets close on Wednesday, Nov. 5. Ahead of the event, analysts expect PTC to deliver an EPS of $1.90, up a massive 63.8% from $1.16 reported in the year-ago quarter. Moreover, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters.
