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'

Manufacturing

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 >>

About the Author: Sara Ferris

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