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Aspen Technology Q4 2024 Earnings Report

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$250.72 +1.66 (+0.67%)
(As of 12/20/2024 05:15 PM ET)

Aspen Technology EPS Results

Actual EPS
$2.37
Consensus EPS
$1.88
Beat/Miss
Beat by +$0.49
One Year Ago EPS
$1.87

Aspen Technology Revenue Results

Actual Revenue
$342.91 million
Expected Revenue
$319.10 million
Beat/Miss
Beat by +$23.81 million
YoY Revenue Growth
+6.90%

Aspen Technology Announcement Details

Quarter
Q4 2024
Time
After Market Closes

Conference Call Resources

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Aspen Technology Earnings Headlines

Aspen Technology (NASDAQ:AZPN) Price Target Raised to $275.00
What most folks don’t know about oil (BIG missed opportunity)
$1 Trillion… That’s how much Big Tech is set to spend on AI investment in the coming months—according to Goldman Sachs. This investment is driving an A.I. boom that’s being felt across many industries… Including a specific group of energy tickers since A.I. data centers use a massive amount of power. One of those tickers is CEG, up nearly 600% in the last 3 years… Combined with the upcoming presidential election, we have the recipe for a major shakeup in the market. You see, each time the U.S. elects a new president, one overlooked part of the energy sector tends to see a big move. Fact is… this energy niche is BOOMING.
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About Aspen Technology

Aspen Technology (NASDAQ:AZPN) provides industrial software that focuses on helping customers in asset-intensive industries worldwide. The company's solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. Its software is used in performance engineering, modeling and design, supply chain management, predictive and prescriptive maintenance, digital grid management, and industrial data management. The company serves a range of asset-intensive industries, including oil and gas exploration and production; oil and gas processing and distribution; and oil and gas refining and marketing, as well as bulk and specialty chemicals, engineering and construction, power and utilities, metals and mining, and pharmaceuticals. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts. Aspen Technology, Inc. operates as a subsidiary of Emerson Electric Co.

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