Aspen Technology (AZPN) Tops Q1 EPS by 12c

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Go back to Aspen Technology (AZPN) Tops Q1 EPS by 12c

Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2019

October 24, 2018 4:05 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 2019 ended September 30, 2018.

We are pleased with our first quarter performance, which was highlighted by 8% year-over-year annual spend growth driven by solid performance across the company in each major geography and product suite. We are benefiting from broadening signs of demand among Engineering & Construction customers, in addition to continued positive trends among owner-operator customers, said Antonio Pietri, President and Chief Executive Officer of AspenTech.

Pietri... More