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Aspen Technology Inc Stock Price, News & Analysis

AZPN Nasdaq

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

Aspen Technology, Inc. (AZPN) delivers industrial software solutions that optimize asset performance for energy, chemical, and manufacturing sectors. This news hub provides investors and industry professionals with timely updates on strategic developments, operational milestones, and technological innovations from the company.

Access official press releases, earnings announcements, and analysis of AZPN's initiatives in digital transformation and asset optimization. Our curated collection includes updates on product enhancements, partnership agreements, and industry-specific applications of AspenTech's solutions.

Key coverage areas include operational efficiency improvements, sustainability initiatives, software platform expansions, and executive leadership updates. Bookmark this page for streamlined tracking of Aspen Technology's progress in industrial automation and engineering simulation markets.

Rhea-AI Summary

Aspen Technology, Inc. (AspenTech) reported financial results for the third quarter of fiscal 2024, with a focus on customer buying behavior affecting ACV growth. The company remains optimistic about long-term investment trends and pipeline health. Financially, AspenTech saw a 9.5% increase in ACV year over year, with strong cash flow generation and revenue growth. The company appointed a new CFO and added a new Director to the Board. Share repurchase activities and fiscal year 2024 guidance updates were also highlighted.

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Rhea-AI Summary

Aspen Technology, Inc. (AspenTech) has appointed David Baker as its Senior Vice President, Chief Financial Officer. Baker brings over 27 years of financial leadership experience from Emerson Electric Co., where he played a important role in the finance transformation of the $17 billion AspenTech aims to leverage Baker's expertise to drive corporate strategy and deliver long-term shareholder value.

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4.78%
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Aspen Technology, Inc. announced the appointment of David Henshall to its Board of Directors. Mr. Henshall, former CEO of Citrix Systems, brings extensive experience in cloud computing and virtualization. His leadership will enhance AspenTech's innovation in asset-intensive industries amid the energy transition.

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FAQ

What is the current stock price of Aspen Technology (AZPN)?

The current stock price of Aspen Technology (AZPN) is $264.33 as of April 29, 2025.

What is the market cap of Aspen Technology (AZPN)?

The market cap of Aspen Technology (AZPN) is approximately 16.7B.
Aspen Technology Inc

Nasdaq:AZPN

AZPN Rankings

AZPN Stock Data

16.68B
315.76M
57.64%
44.76%
2.53%
Software - Application
Services-computer Programming Services
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United States
BEDFORD