Aspen Technology (AZPN) Tops Q2 EPS by 9c

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

January 24, 2018 4:05 PM EST

BEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, today announced financial results for its second quarter of fiscal year 2018, ended December 31, 2017.

AspenTech delivered solid second quarter fiscal 2018 financial results that exceeded our expectations from both a revenue and profitability perspective. We saw positive performance from owner-operator customers and growth from our Engineering and Manufacturing/Supply Chain suites, said Antonio Pietri, President and Chief Executive Officer of AspenTech.

Pietri continued, In addition, our APM business saw continued traction for each solution in the product suite. Our second... More