Aspen Technology (AZPN) Tops Q2 EPS by 8c

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Go back to Aspen Technology (AZPN) Tops Q2 EPS by 8c

Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2016

January 28, 2016 4:06 PM EST

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 second quarter of fiscal year 2016, ended December 31, 2015.

Antonio Pietri, President and Chief Executive Officer of AspenTech, said, AspenTech delivered solid second quarter results highlighted by continued year-over-year non-GAAP operating margin expansion and strong cash generation. Despite the macro environment, we continued to perform well, particularly in the downstream energy and chemicals businesses.

Pietri added, The Engineering & Construction and midstream and upstream energy vertical markets have become... More