Aspen Technology (AZPN) Tops Q1 EPS by 5c
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October 29, 2015 4:05 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 first quarter of fiscal year 2016, ended September 30,
2015.
Antonio Pietri, President and Chief Executive Officer of AspenTech,
said, AspenTech delivered solid first quarter results highlighted by
50% non-GAAP operating margin and 10% year-over-year annual spend
growth. Our first quarter performance reflects the strength of our
business model, including long-term contracts, positive demand trends
from owner-operator customers and continued best-in-class profitability,
despite a challenging macro environment.
Pietri added, We remain... More
