Aspen Technology's Q1 2025 revenue was $215.9 million, with a net loss of $60.5 million, or $0.96 per diluted share. The company saw a 9.4% year-over-year increase in ACV, reaching $941.4 million. AspenTech reaffirmed its fiscal year 2025 guidance.
ACV increased 9.4% year-over-year to $941.4 million.
Total revenue was $215.9 million, compared to $249.3 million in the first quarter of fiscal 2024.
Net loss was $60.5 million, or $0.96 per diluted share.
AspenTech announced an agreement to acquire Open Grid Systems to enhance its Digital Grid Management suite.
AspenTech reaffirmed its fiscal 2025 guidance based on information as of November 4, 2024.
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