Tag Archives: azpn

Aspen Technology Total License Contract Value A Concern

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

Aspen Technology Cites ‘Solid Customer Demand’ As EPS Beats

Aspen Technology (AZPN) was up more than 13% in afternoon trading in the stock market today and sales that handily beat forecasts. The Burlington, Mass.-based company posted EPS ex items of 28 cents, up 100% from the year-earlier quarter and 9 cents above the average estimate of seven analysts polled by Thomson Reuters. Sales for the quarter ended March 31 soared 30.5% to $103.59 million. Subscription and software revenue surged 30.4% to $91.3

Qihoo, Gentherm Lead Top 5 IBD 50 Earnings Gainers

Qihoo 360 Technology (QIHU), Gentherm (THRM) and Spirit Airlines (SAVE) are among five IBD 50 companies that reported the biggest earnings gains last quarter. The IBD 50 is a list of top-rated stocks, based on recent profit and sales growth and other key metrics. Here are the top five IBD 50 stocks ranked by strongest year-over-year EPS gain: Qihoo, Gentherm, Ubiquiti Networks (UBNT), Aspen Technology (AZPN) and Spirit. Qihoo, a Chinese Internet