Aspen Technology (AZPN) Misses Q1 EPS by 28c; guides FY24 in-line

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Go back to Aspen Technology (AZPN) Misses Q1 EPS by 28c; guides FY24 in-line

Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2024

November 6, 2023 4:05 PM EST

BEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its first quarter in fiscal 2024, ended September 30, 2023.

We delivered solid results in the first quarter, once again achieving double-digit ACV growth on strong demand across most markets, said Antonio Pietri, President and Chief Executive Officer of AspenTech. While our first year as new AspenTech was centered on building the foundation, our focus in fiscal 2024 is on execution and expansion. Our work in these areas is off to a strong start,... More