Aspen Technology (AZPN) Misses Q3 EPS by 6c

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Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2021

April 28, 2021 4:05 PM EDT

BEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in asset optimization software, today announced financial results for its third quarter of fiscal year 2021 ended March 31, 2021.

AspenTechs third quarter performance was highlighted by strong free cash flow generation and demand activity in each of our core end-markets that was at or above pre-pandemic levels, said Antonio Pietri, President and Chief Executive Officer of Aspen Technology. At the same time, the continued uncertainty in the global macro environment due to COVID, coupled with the significant and costly disruptions in the... More