Recap: Aspen Technology Q1 Earnings

Recap: Aspen Technology Q1 Earnings

Aspen Technology AZPN reported its Q1 earnings results on Wednesday, October 26, 2022 at 04:05 PM.

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

Earnings

Aspen Technology beat estimated earnings by 76.0%, reporting an EPS of $2.2 versus an estimate of $1.25.

Revenue was up $114.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.28 which was followed by a 3.59% drop in the share price the next day.

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

 

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 2.15 1.37 1.29 0.65
EPS Actual 2.43 1.38 1.20 0.77
Revenue Estimate 280.76M 192.25M 183.62M 124.07M
Revenue Actual 238.92M 187.75M 171.36M 136.02M

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.

Posted In: BZI-RecapsEarnings