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BEDFORD, Mass. (AP) _ Aspen Expertise, Inc. (AZPN) on Monday reported fiscal fourth-quarter web revenue of $57.2 million.
The Bedford, Massachusetts-based firm mentioned it had revenue of $1.13 per share. Earnings, adjusted for non-recurring prices and inventory possibility expense, got here to $2.43 per share.
The outcomes topped Wall Road expectations. The common estimate of 4 analysts surveyed by Zacks Funding Analysis was for earnings of $2.15 per share.
The software program maker posted income of $238.9 million within the interval.
Aspen Expertise expects full-year earnings within the vary of $6.40 to $6.89 per share, with income within the vary of $1.14 billion to $1.2 billion.
Aspen Expertise shares have climbed 36% for the reason that starting of the yr. Within the closing minutes of buying and selling on Monday, shares hit $207.55, a rise of 40% within the final 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing information from Zacks Funding Analysis. Entry a Zacks stock report on AZPN at https://www.zacks.com/ap/AZPN
