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Here's What Key Metrics Tell Us About Aspen Technology (AZPN) Q1 Earnings
AZPNAspen Technology(AZPN) ZACKS·2024-11-05 01:00

Aspen Technology (AZPN) reported 215.88millioninrevenueforthequarterendedSeptember2024,representingayear−over−yeardeclineof13.4215.88 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 13.4%. EPS of 0.85 for the same period compares to 1.16ayearago.Thereportedrevenuerepresentsasurpriseof−20.241.16 a year ago.The reported revenue represents a surprise of -20.24% over the Zacks Consensus Estimate of 270.65 million. With the consensus EPS estimate being $1.51, the EPS surprise was -43.71%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...