Aspen Technology Total License Contract Value A Concern

By | August 14, 2014

Scalper1 News

Aspen Technology (AZPN) shares tumbled in morning trading in the stock market today, a day after the business management software provider posted fiscal Q4 earnings that showed decelerating growth in a key metric the company calls total license contract value. Otherwise, the results for the quarter ended June 30 easily beat Wall Street views, and analysts were upbeat. “The only concern could be (the) slight deceleration in TLCV,” Pacific Crest Scalper1 News

Scalper1 News