Compared to Estimates, Aspen Technology (AZPN) Q2 Earnings: A Look at Key Metrics

Core Insights - Aspen Technology reported revenue of $303.56 million for the quarter ended December 2024, reflecting an 18$294.5 million [1] - The company's EPS for the quarter was $2.06, up from$1.37 in the same quarter last year, resulting in an EPS surprise of +11.35% compared to the consensus estimate of $1.85 [1] Revenue Breakdown - Maintenance revenue was reported at$90.58 million, which is a year-over-year increase of +6.5%, but below the two-analyst average estimate of $94.53 million [4] - Services and other revenue reached$24.73 million, exceeding the average estimate of $20.80 million based on two analysts [4] - License and solutions revenue was$188.25 million, surpassing the average estimate of $179.16 million and showing a year-over-year change of +23.5% [4] Stock Performance - Aspen Technology's shares have returned +4.5% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]