Aspen Technology Soundly Beats Q2 Estimates
Aspen Technology (AZPN) stock jumped to a more than 13-year high Friday, as the company’s fiscal Q2 earnings late Thursday beat Wall Street expectations, with analysts liking results for both its legacy and new businesses. Aspen was up 9% in midday trading in the stock market today, near 45.40. That’s the stock’s highest price since October 2000. The company’s outlook for the current quarter met analyst expectations. Aspen makes software that