Why Aspen Technology Stock Was Falling Today [The Motley Fool]
Aspen Technology, Inc. (AZPN)
Last aspen technology, inc. earnings: 1/29 04:05 pm
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US:NASDAQ Investor Relations:
ir.aspentech.com/node/5806
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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
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AZPN
News
- Aspen Technology Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from EmersonBusiness Wire
- Aspen Technology (AZPN) is a Great Momentum Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Aspen Technology, Inc. (NASDAQ: AZPN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Aspen Technology Chosen to Optimize Renewable Generation For Iceland's Largest Power Producer [Yahoo! Finance]Yahoo! Finance
- Aspen Technology Chosen to Optimize Renewable Generation For Iceland’s Largest Power ProducerBusiness Wire
AZPN
Earnings
- 11/4/24 - Miss
AZPN
Sec Filings
- 11/20/24 - Form SC14D9C
- 11/8/24 - Form SC
- 11/6/24 - Form SC14D9C
- AZPN's page on the SEC website