2 Nov 2005
PTC Reports Fourth Quarter and Fiscal Year 2005 Results
NEEDHAM, Mass. - Nov. 2, 2005 - PTC, the Product Development Company(TM), today reported revenue of $195.1 million for the fourth fiscal quarter ended September 30, 2005, up 15% from $170.1 million for the same period last year. The growth was driven by a combination of strong organic growth as well as the addition of revenue from Arbortext, which PTC acquired during the quarter. For the fiscal year, revenue grew 9% to $720.7 million, compared to $660.0 million in fiscal 2004.
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