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0 0.00567721005677212 -0.00778588807785883 -0.00778588807785883 -0.00778588807785883 0.00162206001622062 0.00162206001622062 0.00162206001622062
Stock impact report

Why Aspen Technology Stock Was Falling Today [The Motley Fool]

Aspen Technology, Inc. (AZPN) 
Last aspen technology, inc. earnings: 1/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.aspentech.com/node/5806
Company Research Source: The Motley Fool
Jeremy Bowman (TMFHobo) Author Bio Fool since 0. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman What happened Shares of Aspen Technology NASDAQ:AZPN So what Aspen came up short on both top and bottom lines as revenue fell % to $.7 million, missing expectations at $. million. Licensing revenue, its biggest business segment, fell .8% to $70. million, reflecting a 7% decrease in bookings to $. million as the company had fewer term license contracts up for renewal compared with the year-ago quarter. Image source: Getty Images. On the bottom line, adjusted earnings per share fell from $0.9 to $0., missing estimates at $0.80, as the drop in revenue flowed through the income. CEO Antonio Pietri said on the earnings call He also added: "AspenTech delivered solid second quarter results highlighted by continued double-digit annual spen Show less Read more
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