AZPN Stock Recent News

Aspen (AZPN) is set to assist Adani Electricity to address the rising complexity of electrical grids.

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Aspen's (AZPN) fiscal second-quarter performance is driven by solid demand for products and solutions across most of the end markets.

Aspen Technology, Inc. (AZPN) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Aspen Technology (AZPN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Aspen Technology (AZPN) came out with quarterly earnings of $1.37 per share, missing the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $0.35 per share a year ago.

Aspen's (AZPN) fiscal second-quarter performance is likely to have benefited from solid demand momentum across various markets.

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that it will release financial results for its second quarter fiscal year 2024, ended December 31, 2023, after the U.S. financial markets close on Tuesday, February 6, 2024. AspenTech will host a conference call and webcast presentation on Tuesday, February 6, 2024, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate an.

Thanks to artificial intelligence (AI), automation stocks will in demand by investors throughout this year and into next. On December 11, Hollysys Automation Technologies (NASDAQ: HOLI ) announced that it would be acquired by Ascendent Capital Partners.

The tech sector has been carrying the S&P 500 for most of the year, making investors very optimistic about its future. However, the scramble to buy into the area brings to mind the aphorism, “A rising tide lifts all boats.