AZPN - Aspen Technology Inc. (AZPN) Q2 2024 Earnings Call Transcript
2024-02-06 20:31:03 ET
Aspen Technology, Inc. (AZPN)
Q2 2024 Earnings Conference Call
February 06, 2024 4:30 PM ET
Company Participants
Brian Denyeau – ICR
Antonio Pietri – President and Chief Executive Officer
Chris Stagno – Interim Chief Financial Officer
Conference Call Participants
Rob Oliver – Baird
Matthew Pfau – William and Blair
Mark Schappel – Loop Capital Markets
Jason Celino – KeyBanc Capital Markets
Nay Soe Naing – Berenberg
Arsenije Matovic – Wolfe Research
Clarke Jeffries – Piper Sandler
Presentation
Operator
Good day and thank you for standing by Fiscal Q2 2024 Aspen Technology Earnings Conference Call. At this time, our participants are on a listen-only mode. After the speaker’s presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to your speaker today, Brian Denyeau from ICR. Please go ahead.
Brian Denyeau
Thank you, Justin. Good afternoon, everyone, and thank you for joining us to discuss our financial results for the second quarter of fiscal 2024, ending December 31, 2023. With me on the call today are Antonio Pietri, AspenTech’s President and CEO; and Chris Stagno, AspenTech’s Interim CFO. Please note we have posted earnings presentation on our IR website, and we ask that investors refer to this presentation in conjunction with today’s call.
Starting on Slide 2, I would like to take this opportunity to remind you that our remarks today will include forward-looking statements. Actual results may different materially from those contemplated by these forward-looking statements. Factors that have caused these results to differ materially are set forth in today’s press release and in our annual report on Form 10-K and other subsequent filings made with the SEC. Any forward-looking statements that we make on this call are based on assumptions as of today, and we undertake no obligation to update these statements as a result of new information or future events. During this presentation, we present both GAAP and certain non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measure is included in today’s earnings press release and investor presentation, both of which are available on our Investor Relations website.
With that, let me turn the call over to Antonio. Antonio?
Antonio Pietri
Thank you, Brian, and welcome to everyone joining us today. Let me start by reiterating that I’ve never been as excited about the future of AspenTech as I am today. The AspenTech team has done an excellent job working through a dynamic macro environment to deliver solid results in the second quarter. With an expanded portfolio and team, we’re uniquely positioned to capture and benefit from the numerous opportunities available in the energy transition from efficiencies and sustainability use cases....
Aspen Technology, Inc. (AZPN) Q2 2024 Earnings Call Transcript