Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2016
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JPMorgan Resumes Aspen Technology (AZPN) at Underweight
April 29, 2016 8:15 AM EDTJPMorgan resumes coverage on Aspen Technology (NASDAQ: AZPN) with an Underweight rating and a price target of $36.00.
For an analyst ratings summary and ratings history on Aspen Technology click here. For more ratings news on Aspen Technology click here.
Shares of Aspen Technology closed at $38.06 yesterday.
... MoreAspen Technology (AZPN) Tops Q3 EPS by 8c; $400M Buyback Plan Announced
April 28, 2016 4:15 PM EDTAspen Technology (NASDAQ: AZPN) reported Q3 EPS of $0.49, $0.08 better than the analyst estimate of $0.41. Revenue for the quarter came in at $119.2 million versus the consensus estimate of $116.78 million.
Antonio Pietri, President and Chief Executive Officer of AspenTech, said, AspenTech delivered third quarter results that exceeded expectations on both the top and bottom line, highlighted by a 50% non-GAAP operating margin. Although certain market and geographic... More
