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Stock impact report

Aspen Technology Inc (AZPN) Q1 2025 Earnings Call Highlights: Strategic Acquisitions and Market ... [Yahoo! Finance]

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: Yahoo! Finance
Aspen Technology Inc ( NASDAQ:AZPN ) announced the anticipated acquisition of Open Grid Systems, enhancing their digital grid management capabilities. The company reported strong demand across most end markets, highlighting the mission-critical nature of their products. Aspen Technology Inc ( NASDAQ:AZPN ) integrated more industrial AI and sustainability capabilities into their portfolio, launching a new microgrid solution. The company remains confident in their fiscal year 2025 guidance, expecting 9% ACV growth and $340 million in free cash flow. Aspen Technology Inc ( NASDAQ:AZPN ) expanded business with key utilities in North America and Europe, supporting clean energy goals and net-zero agendas. Annual contract value (ACV) decreased by 0.9% quarter over quarter and 9.4% year over year, aligning with expectations due to timing of renewals. Free cash flow was negative $6 million in Q1, slightly below expectations due to timing of collections. The company experienced h Show less Read more
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