Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2020

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Aspen Technology (AZPN) Misses Q2 EPS by 14c

January 29, 2020 4:09 PM EST

Aspen Technology (NASDAQ: AZPN) reported Q2 EPS of $0.66, $0.14 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $124.7 million versus the consensus estimate of $135.46 million.

AspenTech delivered solid second quarter results highlighted by continued double-digit annual spend growth. While the macro environment in capital... More