Compared to Estimates, Aspen Technology (AZPN) Q3 Earnings: A Look at Key Metrics

Aspen Technology (AZPN) reported $278.11 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 21%. EPS of $1.70 for the same period compares to $1.06 a year ago.The reported revenue represents a surprise of +10.51% over the Zacks Consensus Estimate of $251.65 million. With the consensus EPS estimate being $1.32, the EPS surprise was +28.79%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...