Aspen Technology (AZPN) Tops Q2 EPS by 33c

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Go back to Aspen Technology (AZPN) Tops Q2 EPS by 33c

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

January 23, 2019 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 2019 ended December 31, 2018.

AspenTech delivered strong second quarter results, highlighted by annual spend growth of 9.4% year-over-year. We saw positive trends across each product suite and geography, said Antonio Pietri, President and Chief Executive Officer of AspenTech. The breadth of our performance demonstrated the positive impact of multiple favorable growth drivers and strong execution.

Pietri continued, We had our strongest quarterly APM performance to date, reflecting our ability to... More