Shares of Aspen Technology AZPN rose in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 209.09% year over year to $2.04, which beat the estimate of $1.17.
Revenue of $233,718,000 higher by 87.38% from the same period last year, which beat the estimate of $174,710,000.
Outlook
The upcoming fiscal year's EPS expected to be between $5.29 and $5.58.
The upcoming fiscal year's revenue expected to be between $731,000,000 and $760,000,000.
Details Of The Call
Date: Jan 27, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/uoyx7gvj
Technicals
Company's 52-week high was at $147.53
52-week low: $73.07
Price action over last quarter: Up 5.52%
Company Overview
Aspen Technology is a leading global supplier of software solutions that optimize asset design, operations, and maintenance in complex industrial environments. The company's AspenOne software platform helps improve process-oriented plant efficiency, and thereby lower capital intensity, increase working capital efficiency, and improve margins. Aspen was founded in 1981 and serves more than 2,300 customers in 32 countries.
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