Aspen Technology Announces Financial Results for the Third Quarter of Fiscal 2019

General News

Summary

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 2019 ended March 31, 2019. “Our performance benefited from investments in our strategic growth initiatives in recent quarters, an improving macroeconomic outlook for our Engineering & Construction and upstream customers, and strong execution by the AspenTech team.” Pietri continued, “Our APM business had a record annual spend quarter as customers increasingly recognized the value predictive and prescriptive maintenance can have in improving their asset operations. Aspen Technology will host a conference call and webcast today, April 24, 2019, at 4:30 p.m. (Eastern Time), to discuss the companys financial results for the third quarter fiscal year 2019 as well as the company’s business outlook. Interested parties may also listen to a live webcast of the call by logging on to the Investor Relations section of Aspen Technology’s website, http://ir.aspentech.com/events-and-presentations , and clicking on the “webcast” link.

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Manufacturing Industry
applications
Accounting and Taxes

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Industrial Software SaaS Process Optimization Software

Linked Companies

AspenTech
$500M to $1B