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PTC Inc. (PTC) Q1 2025 Earnings Call Transcript

PTC Inc. (NASDAQ:PTC) Q1 2025 Earnings Conference Call February 5, 2025 5:00 PM ET

Company Participants

Matt Shimao – Head of Investor Relations
Neil Barua – President and Chief Executive Officer
Kristian Talvitie – Chief Financial Officer

Conference Call Participants

Jay Vleeschhouwer – Griffin Securities, Inc.
Jason Celino – KeyBanc Capital Markets Inc.
Ken Wong – Oppenheimer & Co. Inc.
Siti Panigrahi – Mizuho Securities Co., Ltd.
Stephen Tusa – JPMorgan Chase & Co.
Arsenije Matovic – Wolfe Research, LLC
Nay Soe Naing – Berenberg
Saket Kalia – Barclays

Operator

Good afternoon, ladies and gentlemen. Thank you for standing by and welcome to PTC’s 2025 First Quarter Conference Call. During today’s presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions.

I would now like to turn the call over to Matt Shimao, PTC’s Head of Investor Relations. Please go ahead.

Matt Shimao

Good afternoon. Thank you, Sarah, and welcome to PTC’s 2025 first quarter conference call. On the call today are Neil Barua, Chief Executive Officer; and Kristian Talvitie, Chief Financial Officer. Today’s conference call is being broadcast live through an audio webcast, and the replay of the call will be available later today at www.ptc.com.

During this call, PTC will make forward-looking statements, including guidance as to future operating results. Because such statements deal with future events, actual results may differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements can be found in PTC’s annual report on Form 10-K, Form 10-Q and other filings with the U.S. Securities and Exchange Commission, as well as in today’s press release. The forward-looking statements, including guidance provided during this call, are valid only as of today’s date, February 5, 2025, and PTC assumes no obligation to update these

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