AZPN Stock Recent News

End markets remain mixed, but Aspen Technology stands relatively well positioned. Management is cutting 5% of its workforce to improve its cost structure.

Aspen Technology, Inc. (AZPN) Q4 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 June 2024, 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 $2.37 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $2.13 per share a year ago.

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its fourth quarter and fiscal year ended June 30, 2024. “AspenTech's fourth quarter results reflected excellent execution across all areas of our business,” commented Antonio Pietri, President and Chief Executive Officer of AspenTech. “The strong performance of our DGM suite in the full year was a great demonstration.

Get a deeper insight into the potential performance of Aspen Technology (AZPN) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

The software industry offers a wide range of financials, with profitable companies performing well while unprofitable ones face valuation and share price declines. Opportunities for investors in the software industry include undervalued companies due to geopolitical risks, cyclicality, and unique financial profiles. Companies like Roper, Dassault Systèmes SE, Descartes, Aspen Tech, and Nemetschek offer unique opportunities for investors to accumulate shares over time for long-term growth.

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 2024, ended June 30, 2024, after the U.S. financial markets close on Tuesday, August 6, 2024. AspenTech will host a conference call and webcast presentation on Tuesday, August 6, 2024, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate and fi.

Investors don't need an excuse to acquire shares of enterprises tied to artificial intelligence. With the sector exploding in scope and scale, it's inherently attracted significant attention.

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a three-year partnership agreement with Oregon State University (OSU) that expands traditional academic collaborations focused on incorporating process simulation solutions into curricula by adding sustainability software, training and competency development. The partnership aims to help students build industry-ready skills and knowledge to make an accelerated impact on.