PTC Closing in on $1 Billion Annual Revenue (Cadalyst Daily Archives)2 Nov, 2006 By: Sara Ferris
Company brings in $855 million for 2006, calling it 'an exceptional year'
PTC yesterday announced strong revenue growth for fiscal year 2006, and appears well on its way to reaching its goal of $1 billion in annual revenue by 2008. For fiscal year 2006, PTC recorded total revenue of $854.9 million, a 19% increase over the previous year's total of $721 million. The reseller channel contributed $171.5 million to the total, up 24%.
"Fiscal 2006 was an exceptional year marked by customer success and strong financial results," said C. Richard Harrison, president and chief executive officer.
Read more >>p>
SolidWorks Supports Student Design Contest
Donated software helps high school students design products to help people with disabilities in the workplace. Read more >>
Transoft Marks Fifteen Years
Transportation engineering design software company celebrates anniversary.
Read more >>
MCAD: CFD-ACE+ 2007, CFD-FASTRAN 2007, CFD-CADalyzer 2007
ESI Group's computational fluid dynamics solutions offer multiphysics, aerodynamic and aerothermodynamic simulation. Read more >>
In her easy-to-follow, friendly style, long-time Cadalyst contributing editor Lynn Allen guides you through a new feature or time-saving trick in every episode of her popular AutoCAD Video Tips. Subscribe to the free Cadalyst Video Picks newsletter, and we'll notify you every time a new video tip is published. All exclusively from Cadalyst!