AZPN Stock Recent News

Aspen Technology's (AZPN) fiscal fourth-quarter revenue performance is cushioned by healthy demand across most of end markets amid a volatile macroeconomic environment.

While the top- and bottom-line numbers for Aspen Technology (AZPN) give a sense of how the business performed in the quarter ended June 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 $2.13 per share, missing the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.43 per share a year ago.

Aspen Technology, Inc. (NASDAQ:AZPN ) Q4 2023 Results Conference Call August 1, 2023 4:30 PM ET Company Participants Brian Denyeau - ICR Antonio Pietri - President and CEO Chantelle Breithaupt - CFO Conference Call Participants Rob Oliver - Baird Andrew Obin - Bank of America Matthew Pfau - William Blair Jason Celino - KeyBanc Capital Markets Clarke Jeffries - Piper Sandler Josh Tilton - Wolfe Research Mark Schappel - Loop Capital Markets Operator Good day, and thank you for standing by, and welcome to Q4 2023 Aspen Technology Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.

Aspen Technology is leading in its niche, but financial performance is still volatile. The company demonstrates solid revenue growth but frequently misses quarterly consensus revenue estimates, making it a risky investment prior to the upcoming quarter's earnings release. My valuation analysis suggests the stock is overvalued.

Aspen Technology (AZPN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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 fourth quarter and fiscal year 2023, ended June 30, 2023, after the U.S. financial markets close on Tuesday, August 1, 2023. AspenTech will host a conference call and webcast presentation on Tuesday, August 1, 2023, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate and fi.

U.S. equities markets have delivered outstanding returns for investors in 2023. Stock pickers and market watchers were pessimistic going into the year, and in fact, most of the first quarter was characterized by macroeconomic volatility.

Aspen Technology (AZPN) reported earnings 30 days ago. What's next for the stock?

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