Aspen Technology (AZPN) Tops Q3 EPS by 9c

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Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2017

May 2, 2017 4:06 PM EDT

BEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, today announced financial results for its third quarter of fiscal year 2017, ended March 31, 2017.

Antonio Pietri, President and Chief Executive Officer of AspenTech, said AspenTech reported third quarter fiscal 2017 financial results that exceeded expectations from a revenue and profitability perspective. The demand from our owner-operator customers offset the impact of continued macroeconomic challenges facing engineering and construction and upstream customers.

Pietri continued, Last week we hosted our biennial OPTIMIZE 2017 user conference, which was focused on Asset Optimization.... More