Aspen Technology, Inc. (AZPN) Tops Q4 EPS by 10c

Aspen Technology, Inc. (NASDAQ: AZPN) reported Q4 EPS of $0.31, $0.10 better than the analyst estimate of $0.21. Revenue for the quarter came in at $101.5 million versus the consensus estimate of $96.61 million.

“We are pleased to report a strong finish to fiscal 2014, with fourth quarter results that exceeded our expectations across all key financial metrics,” said Antonio Pietri, President and Chief Executive Officer of AspenTech. “During fiscal 2014 AspenTech grew total license contract value in excess of 12% year-over-year and generated $200 million of free cash flow. AspenTech continues to deliver new innovation through the aspenONE subscription software offering and we are confident about the runway for growth through increased adoption levels across our customer base.”

For earnings history and earnings-related data on Aspen Technology, Inc. (AZPN) click here.

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