Aspen Technology Sees FY25 Adj. EPS ~$7.47 vs $6.90 Est., Total Revenue ~$1.19B vs $1.11B Est.
Portfolio Pulse from Benzinga Newsdesk
Aspen Technology (AZPN) has announced its financial projections for FY25, expecting an adjusted EPS of approximately $7.47, surpassing the estimated $6.90. The company also anticipates total revenue of around $1.19 billion, exceeding the forecasted $1.11 billion.
August 06, 2024 | 9:26 pm
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Aspen Technology (AZPN) has provided optimistic financial projections for FY25, with an adjusted EPS of ~$7.47 and total revenue of ~$1.19 billion, both exceeding market estimates.
The higher-than-expected adjusted EPS and total revenue projections indicate strong future performance, likely boosting investor confidence and positively impacting AZPN's stock price in the short term.
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