Aspen Technology (AZPN) Tops Q4 EPS by 29c, Beats on Revenues
Get Alerts AZPN Hot Sheet
EPS Growth %: +36.8%
Financial Fact:
General and administrative: 13.16M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
Aspen Technology (NASDAQ: AZPN) reported Q4 EPS of $0.73, $0.29 better than the analyst estimate of $0.44. Revenue for the quarter came in at $123.7 million versus the consensus estimate of $119.44 million.
Summary of Fourth Quarter Fiscal Year 2017 Financial Results
AspenTech’s total revenue of $123.7 million increased 8.8% from $113.7 million in the fourth quarter of the prior fiscal year.
- Subscription and software revenue was $115.4 million in the fourth quarter of fiscal 2017, an increase from $106.7 million in the fourth quarter of fiscal 2016.
- Services and other revenue was $8.2 million in the fourth quarter of fiscal 2017, an increase from $7.0 million in the fourth quarter of fiscal 2016.
For the quarter ended June 30, 2017, AspenTech reported income from operations of $48.9 million, compared to income from operations of $49.0 million for the quarter ended June 30, 2016.
Net income was $54.4 million for the quarter ended June 30, 2017, leading to net income per share of $0.73, compared to net income per share of $0.41 in the same period last fiscal year.
Non-GAAP income from operations, which adds back stock-based compensation expense, amortization of intangibles associated with acquisitions, acquisition-related costs and non-capitalized acquired technology, was $57.0 million for the fourth quarter of fiscal 2017, compared to non-GAAP income from operations of $52.4 million in the same period last fiscal year. Non-GAAP net income was $59.1 million, or $0.79 per share, for the fourth quarter of fiscal 2017, compared to non-GAAP net income of $35.5 million, or $0.44 per share, in the same period last fiscal year.
For earnings history and earnings-related data on Aspen Technology (AZPN) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bristol-Myers Squibb (BMY) stock slips despite earnings beat
- Grainger (GWW) Tops Q1 EPS by 2c, provides guidance
- Deutsche Bank (DB) Tops Q1 EPS by 1c
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
Earnings, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!