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Last $43.26 USD
Change Today -1.03 / -2.33%
Volume 1.3M
AZPN On Other Exchanges
Symbol
Exchange
Berlin
As of 8:10 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

aspen technology inc (AZPN) Snapshot

Open
$44.03
Previous Close
$44.29
Day High
$44.38
Day Low
$43.09
52 Week High
07/1/14 - $47.63
52 Week Low
10/29/14 - $31.57
Market Cap
3.7B
Average Volume 10 Days
1.0M
EPS TTM
$1.27
Shares Outstanding
85.4M
EX-Date
--
P/E TM
34.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for ASPEN TECHNOLOGY INC (AZPN)

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aspen technology inc (AZPN) Details

Aspen Technology, Inc. provides software and services to the process industries worldwide. The company operates in two segments, Subscription and Software, and Services. It develops software that optimizes the design and operation of process manufacturing plants, and the management of supply chains of energy and chemical companies. The company also supplies software that optimizes process manufacturing for pharmaceuticals, engineering and construction, and other industries, which manufacture and produce products from a chemical process. It offers aspenONE, an unified Web and mobile environment for searching, sharing, viewing, interacting, and collaborating using the content produced by the company’s engineering, manufacturing, and supply chain products; and aspenONE Exchange, a content marketplace enabling access to content made for engineers and by engineers through Aspen Plus and Aspen HYSYS. The company’s products include aspenONE Engineering suite of products that focuses on process engineering and optimization; aspenONE DMCplus, an advanced process control software; and aspenONE MES, a manufacturing execution system delivering data management, operational intelligence with visualization, and analytics and production execution enabling process manufacturers to identify and resolve operational issues. Its products also comprise aspenONE Planning & Scheduling, a collaborative optimization solution that integrates production planning, operations scheduling, assay management, and blend scheduling; and aspenONE supply chain management suite. In addition, the company provides professional, training, and technical services. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts.

1,344 Employees
Last Reported Date: 08/13/14
Founded in 1981

aspen technology inc (AZPN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $500.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $370.0K
Chief Technology Officer and Executive Vice P...
Total Annual Compensation: $348.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2014.

aspen technology inc (AZPN) Key Developments

Aspen Technology, Inc. Unveils aspenONE® Version 8.8 Software to Help Manufacturers Achieve Operational Excellence

Aspen Technology, Inc. announced the general availability of aspenONE® Engineering and aspenONE® Manufacturing and Supply Chain Version 8.8 software. Developed for firms in the Oil, Gas, Chemicals, Engineering & Construction and other process industries, aspenONE V8.8 is a powerful software release featuring user-friendly, streamlined workflow innovations that allow users to minimize capital costs, improve plant productivity and boost operational profitability. With this latest release, AspenTech delivers the technology enhancements needed to achieve operational excellence, enabling leading global firms to improve margins, increase yields, meet customer demand, gain competitive advantage and implement innovation across the enterprise. The aspenONE V8.8 software benefits include: Capital and Energy Cost Optimization with Streamlined Workflows. Enhancements to Activated Analysis in Aspen HYSYS® and Aspen Plus® improve performance and usability. Fully integrated cost estimation, energy optimization, and Heat Exchanger Design and Rating (EDR) technology brings key information to the process simulation environment, allowing faster and more accurate optimal design selection earlier in the conceptual engineering phase. The updated EDR user interface provides easier access to advanced features of the EDR product suite, aspenONE Exchange and the direct availability to the HTFS Research Network™.

Aspen Technology, Inc. Announces Unaudited Consolidated Financial Results for Third Quarter and Nine Months Ended March 31, 2015; Provides Earnings Guidance for the Fourth Quarter of 2015; Revises Earnings Guidance for the Year of 2015

Aspen Technology, Inc. announced unaudited consolidated financial results for third quarter and nine months ended March 31, 2015. For the quarter, the company reported total revenue of $111,299,000 against $103,587,000 a year ago. Income from operations was $41,731,000 against $31,402,000 a year ago. Income before provision for income taxes was $42,266,000 against $31,199,000 a year ago. Net income was $28,170,000 or $0.32 per diluted share against $20,843,000 or $0.22 per diluted share a year ago. Net cash provided by operating activities was $64,642,000 against $69,633,000 a year ago. Purchases of property, equipment and leasehold improvements were $1,586,000 against $906,000 a year ago. Capitalized computer software development costs were $178,000 against $97,000 a year ago. Non-GAAP income from operations was $48,651,000 against $40,027,000 a year ago. Non-GAAP net income was $32,599,000 against $26,363,000 a year ago. Non-GAAP diluted income per share was $0.37 against $0.28 a year ago. Non-GAAP cash flows from operating activities were $81,422,000 against $73,543,000 a year ago. Free cash flow was $79,658,000 against $72,540,000 a year ago. For the nine months, the company reported total revenue of $326,215,000 against $289,921,000 a year ago. Income from operations was $132,886,000 against $92,363,000 a year ago. Income before provision for income taxes was $133,621,000 against $91,493,000 a year ago. Net income was $87,601,000 or $0.97 per diluted share against $59,105,000 or $0.63 per diluted share a year ago. Net cash provided by operating activities was $138,417,000 against $141,889,000 a year ago. Purchases of property, equipment and leasehold improvements were $5,914,000 against $2,630,000 a year ago. Capitalized computer software development costs were $315,000 against $601,000 a year ago. Non-GAAP income from operations was $147,920,000 against $109,004,000 a year ago. Non-GAAP net income was $97,223,000 against $69,755,000 a year ago. Non-GAAP diluted income per share was $1.08 against $0.74 a year ago. Non-GAAP cash flows from operating activities were $162,881,000 against $145,882,000 a year ago. Free cash flow was $156,652,000 against $142,651,000 a year ago. For the fiscal 2015 revenue guidance to $437 million to $439 million, which increases the midpoint of range by $1 million. This compares to prior guidance of $434 million to $440 million. The company now expects GAAP operating income of approximately $175 million to $177 million, net income of $113 million to $115 million and GAAP EPS of $1.27 to $1.29. This compares to prior guidance of GAAP operating income of $167 million to $173 million, net income in the range of $107 million to $111 million and GAAP EPS of $1.18 to $1.23. From a non-GAAP perspective, the company now expects non-GAAP operating income in the range of $193 million to $195 million, which is up from prior guidance of $182 million to $188 million for the fiscal year 2015. This would lead to non-GAAP earnings per share in the range of $1.41 to $1.43, which is an increase from prior guidance of $1.29 to $1.33 for the fiscal year. From a free cash flow perspective, the company is increasing fiscal 2015 guidance to $220 million from previous guidance of approximately $215 million. For the fourth quarter, the company expects revenue in the range of $111 million to $113 million, non-GAAP operating income of $45 million to $47 million and non-GAAP EPS of $0.33 to $0.35. On a GAAP basis, the company expects fourth quarter operating income of $42 million to $44 million and EPS of $0.30 to $0.32.

Aspen Technology, Inc. Announces Resignation of Mark P. Sullivan as Executive Vice President and Chief Financial Officer, Effective September 30, 2015

Aspen Technology, Inc. announced that on April 27, 2015, Mark P. Sullivan advised the company of his intention to resign as Executive Vice President and Chief Financial Officer effective as of September 30, 2015.

 

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Industry Analysis

AZPN

Industry Average

Valuation AZPN Industry Range
Price/Earnings 35.2x
Price/Sales 9.0x
Price/Book NM Not Meaningful
Price/Cash Flow 33.1x
TEV/Sales 8.3x
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