Aspen Technology, Inc. (NASDAQ:AZPN) is reporting fourth quarter financial results on Wednesday 12th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, AZPN is expected to report 4Q20 income of $ 1.17 per share from revenue of $ 176.57 million.
For the full year, analysts anticipate top line of $ 566.57 million, while looking forward to income of $ 3.36 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 550.00 million ~ $ 582.00 million, where as bottomline are predicted in a range of $ 3.16 ~ $ 3.48 per share
Click Here For More Historical Outlooks Of Aspen Technology, Inc.
Previous Quarter Performance
Aspen Technology, Inc. unfold income for the third quarter of $ 0.74 per share, from the revenue of $ 132.03 million. The quarterly earnings shrunk 22.92 percent compared with the same quarter last year. Wall street analysts are predicting, AZPN to report 3Q20 income of $ 0.86 per share from revenue of $ 142.95 million. The bottom line results missed street analysts by $ 0.12 or 13.95 percent, at the same time, top line results fell short of analysts by $ 10.92 million or 7.64 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Aspen Technology, Inc.
Stock Performance
According to the previous trading day, closing price of AZPN was $ 97.30, representing a 33.16 % increase from the 52 week low of $ 73.07 and a 31.91 % decrease over the 52 week high of $ 142.89.
The company has a market capital of $ 6.58 billion and is part of the Technology sector and Software – Application industry.
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Conference Call
Aspen Technology, Inc. will be hosting a conference call at 4:30 PM eastern time on 12th August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.aspentech.com
Aspen Technology, Inc., together with its subsidiaries, operates as an asset optimization software company in the United States, Europe, and internationally. The company operates through two segments, Subscription and Software, and Services. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments.
