Aspen Technology (AZPN) Misses Q4 EPS by 15c; Issues Solid FY24 Outlook
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Aspen Technology Announces Financial Results for the Fourth Quarter and Fiscal 2023
August 1, 2023 4:05 PM EDTBEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its fourth quarter and fiscal year 2023, ended June 30, 2023.
The fourth quarter was a strong finish to an important year and showed benefits from our transformation efforts and learnings in fiscal 2023. We delivered a full year of double-digit ACV growth, ending above the midpoint of our guidance range. Demand in most of our end markets and geographies was strong in the quarter and throughout the year. This performance, during an unpredictable macro... More
