Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Aspen Technology
So what: Revenue soared 38% to $52.6 million, resulting in an adjusted net loss of $0.20 a share. Analysts had been expecting a $0.22 a share loss on $47.48 million in revenue, according to data compiled by Yahoo! Finance. Nice beat, right?
Now what: Don’t expect Fools to be impressed. Many are skeptics of the company, which competes with Honeywell
Interested in more info on Aspen Technology? Add it to your watchlist .