Tender Offer to Now Expire at 5:00 p.m. Eastern Time on March 11, 2025 ST. LOUIS, March 10, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) today announced that it has extended the expiration of its tender offer to acquire all outstanding shares of common stock of Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech") not already owned by Emerson to 5:00 p.m. Eastern Time on March 11, 2025. This one business day extension is to accommodate the settlement and tendering of shares of AspenTech common stock that may be s ...

RADNOR, Pa., Feb. 13, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential claims on behalf of current Aspen Technology, Inc. (Nasdaq: AZPN) ("Aspen") shareholders related to its recently announced agreement to be acquired by Emerson Electric Co., Aspen's controlling stockholder. Kessler Topaz's investigation is focused on whether Aspen shareholders are receiving adequate consideration for their shares and whether the price was the resul ...

For the quarter ended December 2024, Aspen Technology (AZPN) reported revenue of $303.56 million, up 18% over the same period last year. EPS came in at $2.06, compared to $1.37 in the year-ago quarter.The reported revenue represents a surprise of +3.08% over the Zacks Consensus Estimate of $294.5 million. With the consensus EPS estimate being $1.85, the EPS surprise was +11.35%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

Aspen Technology (AZPN) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.35%. A quarter ago, it was expected that this software maker would post earnings of $1.51 per share when it actually produced earnings of $0.85, delivering a surprise of -43.71%.Over the last four quarters, the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41400 ASPEN TECHNOLOGY, INC. (Exact name of registrant as specified in its charter) Delaware 87-3100817 (State or other juri ...

Exhibit 99.1 Contacts: | Media | Contact | Investor Contact | | --- | --- | --- | | Len | Dieterle | William Dyke | | Aspen | Technology | Aspen Technology | | +1 | 781-221-4291 | +1 781-221-5571 | | len.dieterle@aspentech.com | | ir@aspentech.com | Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2025 Bedford, Mass. – February 4, 2025 - Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ: AZPN), a global leader in industrial software, today announced financial results ...

Aspen Technology (AZPN) shares soared 3.3% in the last trading session to close at $263.50. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 1.6% gain over the past four weeks.The increase in share price can be attributed to Emerson’s announcement of acquisition of remaining shares of Aspen. The deal, structured as an all-cash tender offer, values the minority stake being acquired at $7.2 billion, with a per-share price of $265.00 ...

NEW YORK, Jan. 27, 2025 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Aspen Technology Inc. (NYSE: AZPN) concerning possible breaches of fiduciary duty. If you have been a shareholder of AZPN since at least January 27, 2025 and currently hold shares, you can obtain additional information here:https://zlk.com/mna2/aspen-technology-inc-information-request-form-2 This investigation concerns the merger of Aspen Technology and Emerson Electric (EMR), whether the Board of AZ ...

NEW YORK, Jan. 27, 2025 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman LLP is investigating the proposed $265 per share acquisition of Aspen Technology, Inc. (NASDAQ: AZPN) by the company's controlling stockholder, Emerson Electric Co. (NYSE: EMR). The firm is concerned about the price being offered as well as potential conflicts of interest. For a free consultation and to learn more about our investigation, visit https://julieholleman.com/aspen-technology-inc/ Aspen Technology is a global lea ...

Core Viewpoint - Aspen Technology's recent earnings report showed significant misses in both earnings per share and revenue, raising concerns about its performance and future outlook [2][3][13]. Financial Performance - For Q1 fiscal 2025, Aspen reported non-GAAP EPS of 85 cents, missing the Zacks Consensus Estimate of $1.51, and down from $1.16 in the same quarter last year [2]. - Revenues were $215.9 million, missing estimates by 20.2%, and down from $249.3 million year-over-year [2]. - License revenues decreased by 31.6% year-over-year to $101.7 million, while maintenance revenues increased by 6.7% to $90.7 million [3]. - Gross profit fell to $120.4 million, with a gross margin of 55.8%, down from 60.7% in the prior year [8]. Annual Contract Value and Market Position - As of September 30, 2024, the annual contract value (ACV) was $941.4 million, reflecting a year-over-year increase of 9.4% [4]. - The company is targeting a $14-15 billion addressable market in industrial software, with strong demand for its Digital Grid Management suite [5][7]. Strategic Developments - Aspen announced the acquisition of Open Grid Systems to enhance its Digital Grid Management suite, expected to close by the end of 2024 [6]. - The company launched aspenONE version 14.5 and a Microgrid Management System, focusing on industrial AI and sustainability [7]. Cash Flow and Shareholder Actions - Cash and cash equivalents decreased to $221.1 million from $237 million due to share repurchases [10]. - The company reported a non-GAAP free cash outflow of $6.4 million, compared to a free cash flow of $16 million in the prior year [11]. - In Q1 fiscal 2025, Aspen repurchased 92,819 shares for $20.5 million, with approximately $79.5 million remaining under the buyback authorization [12]. Guidance and Market Sentiment - AspenTech reaffirmed its fiscal 2025 guidance, expecting revenues of at least $1.19 billion and non-GAAP net income of no less than $7.52 per share [13]. - Estimates have been trending upward, with a consensus estimate shift of 23.97%, indicating positive market sentiment [15][16]. - The stock currently holds a Zacks Rank 2 (Buy), suggesting an expectation of above-average returns in the coming months [18].