Seeking Alpha

Aspen Technology climbs on FQ1 beat, guidance

  • Aspen Technology (AZPN +9.6%) shares climb on a FQ1 beat and raised guidance.
  • Management expects FQ2 revenue of $87M-$89M (vs. consensus of $88M) and EPS of $014-$0.16 ($0.16). It raises full-year guidance to revenue of $360M-$368M from $353M-$363M (and vs. consensus of $362.7M) and EPS of $0.59-$0.65 from $0.48-$0.55.
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