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Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2018

October 26, 2017 4:11 PM EDT

BEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, today announced financial results for its first quarter of fiscal year 2018, ended September 30, 2017.

AspenTech delivered a solid start to fiscal 2018 with financial results that exceeded our expectations, driven by positive, broad-based demand from owner-operator customers, said Antonio Pietri, President and Chief Executive Officer of AspenTech.

Pietri continued, During the quarter we continued to execute well against our Asset Optimization strategy and develop momentum among prospective customers for the APM product suite, which we believe... More