AZPN Stock Recent News

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.

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

Aspen Technology (AZPN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Aspen (AZPN) enhances aspenONE to advance net zero initiatives and provide engineers with improved AI tools.

Aspen Technology, Inc. (NASDAQ:AZPN ) Q1 2024 Earnings Conference Call November 6, 2023 4:30 AM ET Company Participants Brian Denyeau - ICR Antonio Pietri - President and CEO Chantelle Breithaupt - CFO Conference Call Participants Matthew Pfau - William Blair Rob Oliver - Baird David Ridley-Lane - Bank of America Devin - with KeyBanc Arsenije Matovic - Wolfe Research Mark Schappel - Loop Capital Markets Nay Soe Naing - Berenberg Operator Ladies and gentlemen, thank you for standing by, and welcome to the AspenTech 2023 Conference Call. At this time, all participants are in a listen-only mode.

The headline numbers for Aspen Technology (AZPN) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.