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PTC Inc. beats Street 2Q forecasts

NEEDHAM, Mass. _ PTC Inc. on Wednesday reported fiscal second-quarter profit of $5.4 million. For the current quarter ending in June, PTC Inc. expects its per-share earnings to range from 47 cents to 50 cents. PTC Inc. expects full-year earnings in the range of $2.18 to $2.30 per share, with revenue ranging from $1.28 billion to $1.3 billion.
Source: The Associated Press