Discontinued — last reported Q3 '23
PTC Professional Services — Intangible Assets Net Including Goodwill decreased by 12.5% to $9.80M in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 14.8%, from $11.50M to $9.80M.
An increase suggests recent acquisitions or investments in service-related intellectual property, while a decrease may indicate impairment charges or amortization.
This represents the net carrying value of all identifiable intangible assets and goodwill specifically allocated to the...
Common in software companies that grow through M&A; peers often report this as part of segment-level asset disclosures.
ptc_segment_professional_services_intangible_assets_net_including_goodwill| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $45.50M | $45.20M | $45.00M | $44.80M | $11.50M | $11.20M | $11.20M | $11.20M | $9.80M |
| QoQ Change | — | -0.7% | -0.4% | -0.4% | -74.3% | -2.6% | +0.0% | +0.0% | -12.5% |
| YoY Change | — | — | — | — | -74.7% | -75.2% | -75.1% | -75.0% | -14.8% |