STOCK TITAN

Aspen Technology Inc - AZPN STOCK NEWS

Welcome to our dedicated news page for Aspen Technology (Ticker: AZPN), a resource for investors and traders seeking the latest updates and insights on Aspen Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Aspen Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Aspen Technology's position in the market.

Rhea-AI Summary
Aspen Technology, Inc. (AZPN) announced that Antonio Pietri, President and CEO, will present at the KeyBanc Emerging Technology Summit. The presentation will be on March 6, 2024, and webcast live on the Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
Tags
conferences acquisition
-
Rhea-AI Summary
Aspen Technology, Inc. (NASDAQ:AZPN) partners with Adani Electricity in India to implement digital grid management solutions for enhanced service levels. The solutions aim to monitor and control an intelligent power grid, ensuring reliable, safe, and secure service for over three million customers in Mumbai.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
-
Rhea-AI Summary
Aspen Technology (AZPN) announces a strategic technology milestone with TenneT, integrating renewable energy into the grid. The new Power Management System aims to accelerate renewable capacity, align supply and demand, and enhance grid infrastructure resilience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
none
Rhea-AI Summary
Körber appoints Lawrence Schwartz as CMO and EVP Software for Körber Supply Chain, leveraging his 20 years of global marketing experience. Schwartz aims to drive innovative market strategies, enhance brand visibility, and strengthen customer relationships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
Tags
management
-
Rhea-AI Summary
Emerson (NYSE: EMR) reported strong first quarter results for fiscal 2024, with a 22% increase in net sales, a 56% growth in adjusted earnings per share, and a 47% rise in operating cash flow. The company also declared a quarterly cash dividend of $0.525 per share of common stock payable March 11, 2024. Emerson President and CEO, Lal Karsanbhai, highlighted the company's strong start to the year and updated its 2024 outlook, expecting significant growth in net sales and earnings per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
earnings
-
Rhea-AI Summary
Emerson (NYSE: EMR) reported strong first quarter results for fiscal 2024, with a 22% increase in net sales, a 56% growth in adjusted earnings per share, and a 47% rise in operating cash flow. The company also declared a quarterly cash dividend of $0.525 per share of common stock payable March 11, 2024. Emerson President and CEO, Lal Karsanbhai, highlighted the company's strong start to the year and updated its 2024 outlook, expecting significant growth in net sales and earnings per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.43%
Tags
earnings
Rhea-AI Summary
Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN) announced financial results for Q2 fiscal 2024, with ACV growth, solid demand, and resilient pipeline growth. However, there was a delay in a customer agreement renewal impacting ACV growth. Revenue was $257.2 million, and non-GAAP net income was $87.8 million. AspenTech reaffirmed its fiscal 2024 guidance, increasing its Non-GAAP net income per share guidance by $0.02.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
earnings
-
Rhea-AI Summary
Aspen Technology, Inc. (NASDAQ:AZPN) commits to achieving net-zero greenhouse gas emissions by 2030, with a significant reduction in Scope 3 emissions by 2030 and full net-zero by 2045. The company is partnering with asset-intensive industries to guide them in their sustainability journeys and is developing a plan to achieve these targets within the next 24 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
none
-
News
Rhea-AI Summary
Aspen Technology, Inc. (AZPN) announced its OPTIMIZE™ 24 conference, focusing on elevating business performance and achieving net-zero objectives through digital technology innovations. The event will bring together more than 1,500 customers and partners from asset-intensive industries to collaborate on sustainability goals. The conference will include industry-specific tracks, dedicated solutions tracks, and training courses across process and power & utilities industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
Tags
none
Rhea-AI Summary
Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN) will release financial results for its second quarter fiscal year 2024, ended December 31, 2023, after the U.S. financial markets close on Tuesday, February 6, 2024. A conference call and webcast presentation will be held to discuss financial results, business outlook, and related corporate and financial matters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
earnings
Aspen Technology Inc

Nasdaq:AZPN

AZPN Rankings

AZPN Stock Data

13.21B
27.02M
57.73%
47.45%
2.05%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
Link
US
Bedford

About AZPN

Aspen Technology, Inc. develops software for asset performance, monitoring management and optimization solutions.