Investors Ride 5 Earnings Rollercoaster Rides
Aspen Technology Inc. (NASDAQ:AZPN) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased to $0.24 in the quarter versus EPS of $-0.04 in the year-earlier quarter. Revenue Rose 30.12% to $83.3 million from the year-earlier quarter.
Aspen Technology Inc. reported adjusted EPS income of $0.24 per share. By that measure, the company beat the mean analyst estimate of $0.08. It beat the average revenue estimate of $78.79 million.