Discontinued — last reported Q2 '23
Business Segments · Goodwill Foreign Currency Translation Gain Loss
Professional Services — Goodwill Foreign Currency Translation Gain Loss
PTC Professional Services — Goodwill Foreign Currency Translation Gain Loss decreased by 83.8% to $23K in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 131.5%, from -$73K to $23K.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ2 2023May 3, 2023
How to read this metric
A gain or loss here reflects macroeconomic currency trends rather than the operational performance of the services segment.
Detailed definition
This reflects the impact of fluctuations in foreign exchange rates on the carrying value of goodwill denominated in curr...
Peer comparison
Common for multinational software firms with global service delivery teams and international acquisitions.
Metric ID:
ptc_segment_professional_services_goodwill_foreign_currency_translation_gain_lossHistorical Data
8 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $81K | -$240K | -$53K | -$73K | $295K | $123K | $142K | $23K |
| QoQ Change | — | -396.3% | +77.9% | -37.7% | +504.1% | -58.3% | +15.4% | -83.8% |
| YoY Change | — | — | — | — | +264.2% | +151.3% | +367.9% | +131.5% |
Range-$240K – $295K
CAGR-51.3%
Avg YoY Growth+228.7%
Median YoY Growth+207.7%
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Frequently Asked Questions
- What is PTC's professional services — goodwill foreign currency translation gain loss?
- PTC (PTC) reported professional services — goodwill foreign currency translation gain loss of $23K in Q1 2023.
- How has PTC's professional services — goodwill foreign currency translation gain loss changed year-over-year?
- PTC's professional services — goodwill foreign currency translation gain loss increased by 131.5% year-over-year, from -$73K to $23K.
- What does professional services — goodwill foreign currency translation gain loss mean?
- The change in the value of Professional Services goodwill caused by foreign currency exchange rate movements.