Aspen Technology (AZPN) Misses Q2 EPS by 14c
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Aspen Technology Announces Financial Results for the Second Quarter of Fiscal 2020
January 29, 2020 4:05 PM ESTBEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, today announced financial results for its second quarter of fiscal year 2020 ended December 31, 2019.
AspenTech delivered solid second quarter results highlighted by continued double-digit annual spend growth. While the macro environment in capital intensive industries was uncertain, spending remained favorable as customers recognized that investments in digitalization can drive meaningful improvements in the operating efficiency and financial performance of their business, said Antonio Pietri, President and Chief Executive Officer of Aspen Technology.
Pietri continued, We continue to see... More
