Stock Up 18% on Highest Percent Increase on Record

  • Aspen Technology’s shares rose 18% after posting higher-than-expected 4Q earnings
  • Fiscal fourth quarter profit and revenue beat expectations
  • Stock up 12% in the last month despite yearly decline of 4.5%
  • Total revenue increased by 7% to $342.9 million
  • FY2025 revenue forecast at $1.19 billion, in line with analysts’ expectations
  • Projected per-share earnings of 81 cents and adjusted earnings of $7.47 a share, beating estimates

Aspen Technology’s shares surged after the company reported higher-than-expected profits and revenue for its fiscal fourth quarter, leading to an 18% increase in stock price. The Bedford, Mass.-based software firm posted a profit of $44.7 million ($0.70 EPS) and total revenue of $342.9 million, both up from the previous year’s quarter. Despite a 4.5% drop since the beginning of the year, the stock has gained 12% in the last month. Aspen Technology’s FY2025 projections include a total revenue of $1.19 billion and per-share earnings of $0.81, both in line with analysts’ expectations.

Factuality Level: 9
Factuality Justification: The article provides accurate and objective information about Aspen Technology’s financial performance, including specific numbers and comparisons to expectations. It also includes relevant details about the company’s stock performance and future projections.
Noise Level: 2
Noise Justification: The article provides relevant financial information about Aspen Technology’s performance and stock movement, as well as the company’s projections for the future. It stays on topic and supports its claims with specific numbers and comparisons to analyst expectations.
Public Companies: Aspen Technology (AZPN)
Key People:

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Financial Relevance: Yes
Financial Markets Impacted: Aspen Technology’s stock price
Financial Rating Justification: The article discusses the company’s financial performance and its impact on the stock price, making it relevant to financial topics.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the article.
Move Size: The market move size mentioned in this article is 18%.
Sector: Technology
Direction: Up
Magnitude: Large
Affected Instruments: Stocks

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