Aspen Technology (AZPN) Lags Q1 Earnings and Revenue Estimates

Aspen Technology (AZPN) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of$1.51 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -43.71$2.08 per share when it actually produced earnings of $2.37, delivering a surprise of 13.94%.Over the last four quarters, the ...