Aspen Technology (AZPN)

Risks

• If we fail to increase usage and product adoption of our aspenONE engineering and manufacturing and supply chain offerings and grow our aspenONE APM business, or fail to continue to provide innovative, market-leading solutions, we may be unable to implement our growth strategy successfully, and our business could be seriously harmed.
• The majority of our revenue is attributable to operations outside the United States, and our operating results therefore may be materially affected by the economic, political, military, regulatory and other risks of foreign operations or of transacting business with customers outside the United States.
• Fluctuations in foreign currency exchange rates could result in declines in our reported revenue and operating results.
• Competition from software offered by current competitors and new market entrants, as well as from internally developed solutions by our customers, could adversely affect our ability to sell our software products and related services and could result in pressure to price our products in a manner that reduces our margins.
• Defects or errors in our software products could harm our reputation, impair our ability to sell our products and result in significant costs to us.
• We may be subject to significant expenses and damages because of product-related claims.
• Claims that we infringe the intellectual property rights of others may be costly to defend or settle and could damage our business.
• We may not be able to protect our intellectual property rights, which could make us less competitive and cause us to lose market share.
• Our software research and development initiatives and our customer relationships could be compromised if the security of our information technology is breached as a result of a cyberattack. This could have a material adverse effect on our business, operating results and financial condition, and could harm our competitive position.
• Our common stock may experience substantial price and volume fluctuations.
• Our corporate documents and provisions of Delaware law may prevent a change in control or management that stockholders may consider desirable.