Shares of PTC Inc. (NASDAQ: PTC) jumped 7.53% in after-hours trading following the company's financial results for the second quarter of fiscal 2026. The company reported revenue that exceeded Wall Street expectations and a significant beat on earnings per share.
According to the reported figures, PTC generated revenue of $872.5 million for Q2 fiscal 2026. This figure represents an increase of 4.7% compared to the same period in the previous year. The company's earnings per share (EPS) for the quarter were reported at $1.04, which is an increase of 33.83% year-over-year.
Analysts had projected revenue of $803.9 million for the quarter. PTC's actual revenue of $872.5 million surpassed this estimate by 8.63%. Similarly, the consensus EPS estimate was $0.78, and PTC's reported EPS of $1.04 beat this target by 33.83%.
The stock price for PTC closed at $136.72 on the day of the report. The company's market capitalization is approximately $15.79 billion. PTC is a US-based global company that provides high-end computer-assisted design, product lifecycle management, and augmented reality solutions for industrial manufacturers.
