Aspen Technology (AZPN) announced that its digital grid management (DGM) solutions are being leveraged by a leading power company in India — Adani Electricity.Aspen’s Advanced Distribution Management System and SCADA system have been integrated into Adani Electricity’s latest network operation center, which is located in Hiranandani Powai. The above-mentioned systems will allow Adani to monitor and control an intelligent power grid, which provides resilient and safe service to its vast customer base through ...

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present at the KeyBanc Emerging Technology Summit in San Francisco, CA. The presentation is scheduled for Wednesday, March 6, 2024, at 2:00 p.m. ET (11:00 a.m. PT). The presentation will be webcast live and available for a limited time on the Webcasts and Events section of the company’s Investor Relations website at h ...

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced the implementation of its digital grid management solutions by Adani Electricity, a leading power company in India. AspenTech’s next generation SCADA system and its Advanced Distribution Management System (ADMS) have been incorporated into Adani Electricity’s new network operation center located in Hiranandani Powai to monitor and control in real-time an intelligent power grid that ...

BEDFORD, Mass.--(BUSINESS WIRE)--Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a strategic technology milestone with TenneT, a leading transmission system operator in Europe providing electricity to 43 million homes and businesses. TenneT recently completed implementation of its new Power Management System (PMS) which was developed using AspenTech OSI digital grid management solutions. The new PMS is an important step in TenneT’s energy transition strategy to ...

HAMBURG--(BUSINESS WIRE)--Körber today announced the appointment of Lawrence Schwartz as Chief Marketing Officer (CMO) and Executive Vice President Software of Körber Supply Chain, a global leader in supply chain solutions. Schwartz brings more than 20 years of experience in creating and executing transformational marketing strategies. Schwartz has a demonstrated history of success in scaling programs from the ground up. His extensive experience spans cutting-edge fields from artificial intelligence (AI) ...

Aspen Technology (AZPN) 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 DetailLicense and solutions’ revenues (59.3% of revenues) were up 1.7% year over year to ...

Aspen Technology, Inc. (NASDAQ:AZPN) Q2 2024 Earnings Conference Call February 6, 2024 4:30 PM ET Company Participants Brian Denyeau – ICR Antonio Pietri – President and Chief Executive Officer Chris Stagno – Interim Chief Financial Officer Conference Call Participants Rob Oliver – Baird Matthew Pfau – William and Blair Mark Schappel – Loop Capital Markets Jason Celino – KeyBanc Capital Markets Nay Soe Naing – Berenberg Arsenije Matovic – Wolfe Research Clarke Jeffries – Piper Sandler Operator Good day and ...

For the quarter ended December 2023, Aspen Technology (AZPN) reported revenue of $257.16 million, up 5.9% over the same period last year. EPS came in at $1.37, compared to $0.35 in the year-ago quarter.The reported revenue represents a surprise of -0.98% over the Zacks Consensus Estimate of $259.7 million. With the consensus EPS estimate being $1.49, the EPS surprise was -8.05%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Aspen Technology (AZPN) came out with quarterly earnings of $1.37 per share, missing the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.05%. A quarter ago, it was expected that this software maker would post earnings of $1.41 per share when it actually produced earnings of $1.16, delivering a surprise of -17.73%.Over the last four quarters, the ...

Q2-FY24 Results Antonio Pietri, President and Chief Executive Officer Christopher Stagno, Interim Chief Financial Officer February 6, 2024 Forward-Looking Statements Safe Harbor Statement Statements in this presentation and our commentary and responses to questions that are not strictly historical may be "forward-looking" statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties, and AspenTech undertakes no obligation ...