PTC Inc. reported unaudited consolidated ASC 605 and ASC 606 earnings results for the first quarter ended December 30, 2018. For the quarter, based on ASC 605, the company reported total revenue of $338,757,000 against $306,644,000 a year ago. Operating income was $33,182,000 against $17,316,000 a year ago. Net income was $19,248,000 or $0.16 per basic share against $13,877,000 or $0.12 per basic share a year ago.

For the quarter, based on ASC 606, the company reported total revenue of $334,689,000. Operating income was $30,044,000. Net income was $20,985,000 or $0.18 per basic share.

The company also provided ASC 605 and ASC 606 earnings guidance for the second quarter and fiscal year 2019. For the quarter, on ASC 605 basis, the company expects total revenue in the range of $310 million to $315 million, LPS in the range of $0.13 to $0.10.

For the fiscal year, on ASC 605 basis, the company expects total revenue in the range of $1,325 million to $1,340 million. EPS in the range of $0.25 to $0.32.

For the quarter, on ASC 606 basis, the company expects total revenue in the range of $283 million to $298 million, LPS in the range of $0.27 to $0.17.

For the fiscal year, on ASC 605 basis, the company expects total revenue in the range of $1,245 million to $1,295 million. LPS in the range of $0.10 to EPS of $0.18.