Recap: Aspen Technology Q2 Earnings

Aspen Technology (NASDAQ:AZPN) reported its Q2 earnings results on Tuesday, February 6, 2024 at 04:05 PM. Here’s what…

Aspen Technology (NASDAQ:AZPN) reported its Q2 earnings results on Tuesday, February 6, 2024 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Aspen Technology missed estimated earnings by 9.27%, reporting an EPS of $1.37 versus an estimate of $1.51.

Revenue was up $14.32 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.28 which was followed by a 2.49% increase in the share price the next day.

Here’s a look at Aspen Technology’s past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 1.44 2.19 1.74 1.32
EPS Actual 1.16 2.13 1.06 0.35
Revenue Estimate 264.75M 324.78M 285.64M 273.49M
Revenue Actual 249.31M 320.64M 229.88M 242.84M

To track all earnings releases for Aspen Technology visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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