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0 -0.000603325530323141 -0.000603325530323141 -0.000434394381832678 0.000674276612689166 0.00555059487897293 0.00948427733667979 0.0101117358882158
Stock impact report

Aspen Technology (AZPN) Up 1.7% Since Last Earnings Report: Can It Continue? [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
Will the recent positive trend continue leading up to its next earnings release, or is Aspen Technology due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Aspen Q2 Earnings Miss Estimates Aspen reported second-quarter fiscal 2024 non-GAAP earnings per share (EPS) of $1.37, which missed the Zacks Consensus Estimate of $1.49. AZPN reported non-GAAP EPS of 35 cents in the year-ago quarter. Revenues of $257.2 million increased 5.9% year over year driven by solid demand for products and solutions across most of the end markets. However, it lagged the Zacks Consensus Estimate by 1%. Quarter in Detail License and solutions' revenues (59.3% of revenues) were up 1.7% year over year to $152.5 million. Maintenance's revenues (33.1%) rose 8.2% year over year to $85.1 million. Revenues from Services and other (7.6%) increased 3 Show less Read more
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