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 ...

Group 1 - The law firm Kessler Topaz Meltzer & Check, LLP is investigating potential claims on behalf of Aspen Technology, Inc. shareholders regarding its acquisition by Emerson Electric Co. [1] - The investigation focuses on whether Aspen shareholders are receiving adequate consideration for their shares and if the acquisition price resulted from a fair process [1] Group 2 - Kessler Topaz Meltzer & Check, LLP has a history of prosecuting class actions involving securities fraud and breaches of fiduciary duties, recovering billions for investors [2] - The firm represents a wide range of clients, including investors, consumers, and whistleblowers, emphasizing its role in corporate governance reform [2]

Core Insights - Aspen Technology reported revenue of $303.56 million for the quarter ended December 2024, reflecting an 18% increase year-over-year and a surprise of +3.08% over the Zacks Consensus Estimate of $294.5 million [1] - The company's EPS for the quarter was $2.06, up from $1.37 in the same quarter last year, resulting in an EPS surprise of +11.35% compared to the consensus estimate of $1.85 [1] Revenue Breakdown - Maintenance revenue was reported at $90.58 million, which is a year-over-year increase of +6.5%, but below the two-analyst average estimate of $94.53 million [4] - Services and other revenue reached $24.73 million, exceeding the average estimate of $20.80 million based on two analysts [4] - License and solutions revenue was $188.25 million, surpassing the average estimate of $179.16 million and showing a year-over-year change of +23.5% [4] Stock Performance - Aspen Technology's shares have returned +4.5% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

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].