Aspen Technology (AZPN) plunges after big earnings, guidance miss
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Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2023
April 26, 2023 4:05 PM EDTBEDFORD, Mass.--(BUSINESS WIRE)-- Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its third quarter of fiscal 2023, ended March 31, 2023.
AspenTechs third quarter performance was highlighted by a return to double-digit ACV growth, driven by ongoing strength in several of our key markets. We believe this performance, in the midst of an uncertain economic environment, is an important indication of the strategic importance of AspenTechs solutions to our customers, said Antonio Pietri, President and Chief Executive Officer of AspenTech.
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