Tag: Aspen

Aspen Technology Inc (AZPN) Q2 2021 Earnings Call Transcript

Logo of jester cap with thought bubble.

Image source: The Motley Fool.

Aspen Technology Inc (NASDAQ:AZPN)
Q2 2021 Earnings Call
Jan 27, 2021, 4:30 p.m. ET

Contents:

  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Second Quarter Fiscal 2021 Aspen Technology Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your host today, Karl Johnsen, Chief Financial Officer. Please go ahead.

Karl JohnsenChief Financial Officer

Thank you. Good afternoon, everyone, and thank you

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Why Shares in Aspen Technology Soared in November

What happened

Shares in asset optimization software company Aspen Technology (NASDAQ:AZPN) surged 22.4% in November according to data provided by S&P Global Market Intelligence. The move comes as the company’s first-quarter 2021 results, released early in the month, helped to allay fears over the company’s growth trajectory.

Aspen’s software helps process industries companies better run their assets through digitization. For example, a chemicals processing plant can use the software to model the plant in order to predict and understand the consequences of a failure.

An industrial plant with digital icons floating above it.

Aspen Technology helps process industries optimize their assets. Image source: Getty Industries.

The stock has been

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Aspen Technology (AZPN) Q4 Earnings Expected to Decline

Aspen Technology (AZPN) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2020. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 12. On the other hand, if they miss, the stock may move lower.

While management’s discussion of business

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Were Hedge Funds Right About Dumping Aspen Technology, Inc. (AZPN)?

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of capital and have to conduct due diligence while choosing their next pick. They don’t always get it right, but, on average, their stock picks historically generated strong returns after adjusting for known risk factors. With this in mind, let’s take a look at the recent

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Aspen Technology (AZPN) Up 8.8% Since Last Earnings Report: Can It Continue?

It has been about a month since the last earnings report for Aspen Technology (AZPN). Shares have added about 8.8% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Aspen Technology due for a pullback? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

Aspen Technology Misses Q3 Earnings Estimates, Lowers View

Aspen Technology reported third-quarter fiscal 2020 non-GAAP earnings

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