PTC Inc. (NASDAQ: PTC) saw its stock surge 6.17% in after-hours trading on Wednesday, following the release of its impressive third-quarter fiscal 2025 results and raised full-year guidance. The company, which specializes in computer-aided design (CAD) and product lifecycle management (PLM) software, delivered strong performance across key financial metrics.

PTC reported quarterly earnings of $1.64 per share, significantly beating the analyst consensus estimate of $1.21 by 35.87%. This represents a 67.35% increase from the same period last year. The company's quarterly sales reached $643.937 million, surpassing the analyst consensus estimate of $582.320 million by 10.58%, marking a 24.16% year-over-year growth.

Adding to the positive momentum, PTC raised its guidance for Annual Recurring Revenue (ARR), free cash flow, revenue, and non-GAAP EPS for the fiscal year. The company now expects fiscal year 2025 adjusted EPS between $6.63 and $7.03, with revenue projected in the range of $2,570 million to $2,630 million. Furthermore, PTC announced an expansion of its collaboration with NVIDIA, integrating NVIDIA Omniverse technologies into its product suite to accelerate the design and simulation of AI infrastructure and complex products. This strategic move positions PTC to capitalize on the growing demand for AI-driven solutions in the industrial sector.