Recap: Aspen Technology Q1 Earnings

Aspen Technology AZPN reported its Q1 earnings results on Wednesday, October 26, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Aspen Technology beat estimated earnings by 76.0%, reporting an EPS of $2.2 versus an estimate of $1.25.

Revenue was up $114.80 million from the same period last year.

Last quarter the company beat on EPS by $0.28 which was followed by a 3.59% drop in the share price the next day.

Here's a look at Aspen Technology's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	2.15	1.37	1.29	0.65
EPS Actual	2.43	1.38	1.20	0.77
Revenue Estimate	280.76M	192.25M	183.62M	124.07M
Revenue Actual	238.92M	187.75M	171.36M	136.02M

To track all earnings releases for Aspen Technology visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.