Last week was fabulous for U.S. stock markets as the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — rallied 2.9%, 3.9% and 5.2%, respectively. The broad-market index — the S&P 500 — recorded its best week since November 2023. This helped Wall Street to recoup all losses that it suffered during the meltdown in the first week of August. The meltdown was driven by weak nonfarm payrolls of July that raised concern of a near-term recession as a section of economists and financial exp ...

Aspen Technology (AZPN) recently announced that Omaha Public Power District (“OPPD”) will be leveraging its cutting-edge Digital Grid Management (DGM) to achieve net zero carbon production by 2050. OPPD will leverage the DGM suite to monitor, schedule and optimize the performance of their energy assets while maintaining grid reliability. OPPD serves a population of 885,000 people across 5,000 square miles in Nebraska. The integration of the DGM solution with OPPD’s grid will enable the utility to manage dis ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________ ____________________________________________ ____________________________________________ Securities registered pursuant to Section 12(b) of the Act: ____________________________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15( ...

After lowering guidance on its last earnings call, Aspen Technology gave good guidance for the new financial year ahead.Shares of industrial software company Aspen Technology (AZPN 0.99%) rose by 14.9% in the week through Friday morning, according to data compiled by S&P Global Market Intelligence. The move comes after a reassuring fourth-quarter 2024 earnings report earlier in the week.Aspen Technology steadies the shipAfter disappointing investors by lowering its full-year 2024 annual contract value (ACV) ...

Aspen Technology (AZPN) reported fourth-quarter fiscal 2024 non-GAAP earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.08. AZPN reported non-GAAP earnings of $2.13 per share in the year-ago quarter.The company reported revenues of $342.9 million, surpassing the Zacks Consensus Estimate by 8.7%. The company generated revenues of $320.6 million in the year-ago quarter.Aspen suspended all commercial activities in Russia following the expanded sanctions announced by the U.S. government in ...

Aspen Technology, Inc. (NASDAQ:AZPN) Q4 2024 Earnings Call August 6, 2024 4:30 PM ET Company Participants Brian Denyeau - Investor Relations Antonio Pietri - President and Chief Executive Officer Dave Baker - Chief Financial Officer Conference Call Participants Rob Oliver - Baird David Ridley-Lane - Bank of America Dylan Becker - William Blair Jason Celino - KeyBanc Capital Markets Nay Soe Naing - Berenberg Arsenije Matovic - Wolfe Research Operator Good day. Thank you for standing by. Welcome to AspenTech’ ...

Aspen Technology (AZPN) reported $342.91 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 6.9%. EPS of $2.37 for the same period compares to $2.13 a year ago.The reported revenue represents a surprise of +8.70% over the Zacks Consensus Estimate of $315.45 million. With the consensus EPS estimate being $2.08, the EPS surprise was +13.94%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

Aspen Technology (AZPN) came out with quarterly earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $2.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.94%. A quarter ago, it was expected that this software maker would post earnings of $1.32 per share when it actually produced earnings of $1.70, delivering a surprise of 28.79%.Over the last four quarters, the ...

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 Fourth Quarter and Fiscal 2024 Bedford, Mass. – August 6, 2024 - Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ: AZPN), a global leader in industrial so ...

sankai/iStock via Getty Images Introduction Software has always been a difficult industry to invest in, unless you just buy and hold because companies have an extremely wide range of financials despite offering similar products. Some firms are truly profitable, but growing slowly. Others are some of the fastest growing companies in the market, but provide excessive risk to investors thanks to losses and high valuations. Overall, the market has performed well over the past year as growth-oriented firms remai ...