04:29 PM EDT, 05/01/2024 (MT Newswires) -- PTC (PTC) reported fiscal Q2 non-GAAP earnings late Wednesday of $1.46 per diluted share, up from $1.16 a year earlier.

Analysts surveyed by Capital IQ expected $1.22.

Revenue for the quarter ended March 31 was $603.1 million, up from $542.2 million a year earlier.

Analysts surveyed by Capital IQ expected $577 million.

The company expects fiscal Q3 non-GAAP EPS of $0.90 to $1. Analysts surveyed by Capital IQ expect $1.21. The company expects revenue for the quarter of $525 million to $540 million. Analysts surveyed by Capital IQ expect $586.2 million.

PTC expects fiscal year 2024 non-GAAP EPS of $4.60 to $5.10, versus its prior outlook of $4.50 to $5.20. Analysts surveyed by Capital IQ expect $4.94. The company expects revenue for the year of $2.27 billion to $2.34 billion, versus $2.27 billion to $2.36 billion previously. Analysts surveyed by Capital IQ expect $2.32 billion.