Aspen Technology AZPN reported its Q4 earnings results on Monday, August 8, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Aspen Technology beat estimated earnings by 13.02%, reporting an EPS of $2.43 versus an estimate of $2.15.
Revenue was up $40.96 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 8.55% increase in the share price the next day.
Here's a look at Aspen Technology's past performance:
|Quarter||Q3 2022||Q2 2022||Q1 2022||Q4 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Aspen Technology management provided guidance for FY 2023, expecting earnings between $6.4 and $6.89 per share.
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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