Aspen Technology backs FY25 adjusted EPS view $7.47, consensus $7.46

Backs FY25 revenue view $1.19B, consensus $1.19B. Backs FY25 total bookings view $1.17B. Backs FY25 ACV growth view 9%. Aspen Technology held its 2024 Investor Day. David Baker, CFO of AspenTech, commented “We start fiscal 2025 with a solid foundation, positioning us well in a large industrial software market with durable tailwinds. Looking ahead, we are confident in our ability to achieve strong ACV growth while driving steady margin expansion to deliver mid-teens free cash flow growth. We will continue to execute a disciplined capital allocation approach focused on investing in key strategic areas of the business, executing value-creating M&A, and returning capital to shareholders via share buybacks.”