Aspen (AZPN) Q3 Earnings & Revenues Surpass Estimates, Up Y/Y

Aspen Technology (AZPN) reported third-quarter fiscal 2024 non-GAAP earnings of $1.70 per share, beating the Zacks Consensus Estimate of $1.32. AZPN reported non-GAAP earnings of $1.06 per share in the year-ago quarter.The company reported revenues of $278.1 million, surpassing the Zacks Consensus Estimate by 10.5%. The company had reported revenues of $230 million in the year-ago quarter.Following the announcement, shares of the company were down 1.4% in pre-market trading on May 8. In the past year, share ...