Aspen Technology (AZPN) Misses Q3 EPS by 12c

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Go back to Aspen Technology (AZPN) Misses Q3 EPS by 12c

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

May 6, 2020 4:05 PM EDT

BEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, today announced financial results for its third quarter of fiscal year 2020 ended March 31, 2020.

AspenTechs third quarter results reflected strong demand trends through the first two months of the quarter, before the uncertainty and impact of the COVID-19 pandemic led to more cautious customer buying behavior, said Antonio Pietri, President and Chief Executive Officer of Aspen Technology. While the near-term market environment will likely continue to be challenging, we believe we are well-positioned to navigate current conditions... More