Aspen Technology (AZPN) Tops Q3 EPS by 13c
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Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2019
April 24, 2019 4:05 PM EDTBEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, today announced financial results for its third quarter of fiscal year 2019 ended March 31, 2019.
AspenTechs strong third quarter results were highlighted by annual spend growth of 9.7% year-over-year and positive growth contributions from each product suite and geography, said Antonio Pietri, President and Chief Executive Officer of Aspen Technology. Our performance benefited from investments in our strategic growth initiatives in recent quarters, an improving macroeconomic outlook for our Engineering & Construction and upstream customers, and strong execution by the AspenTech team.
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