Aspen Technology (AZPN) Tops Q4 EPS by 37c; Guides Higher

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Go back to Aspen Technology (AZPN) Tops Q4 EPS by 37c; Guides Higher

Aspen Technology Announces Financial Results for the Fourth Quarter and Fiscal 2020

August 12, 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 fourth quarter of fiscal year 2020 ended June 30, 2020.

AspenTech delivered solid fourth quarter results that exceeded expectations in the midst of unprecedented economic conditions, said Antonio Pietri, President and Chief Executive Officer of Aspen Technology. Customers in our core markets continued to make significant investments in AspenTech products despite the challenges facing their own businesses. Companies in the process and other capital intensive industries increasingly recognize that investing in digitalization initiatives is essential to... More