Aspen Technology (AZPN) Tops Q3 EPS by 6c

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Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2015

April 28, 2015 4:02 PM EDT

BEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, today announced financial results for its third quarter of fiscal year 2015, ended March 31, 2015.

AspenTech delivered strong third quarter financial results that exceeded our guidance across all key metrics. Total license contract value grew 13.2% year-over-year in the third quarter, which underscores the continued need of customers to improve the efficiency of their operations, said Antonio Pietri, President and Chief Executive Officer of AspenTech.

Pietri added, Our disciplined approach to expense management is... More