Aspen Technology Inc (NASDAQ:AZPN) 2Q17 earnings; Beats Street View

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Aspen Technology Inc (NASDAQ:AZPN) 2Q17 earnings; Beats Street View

Aspen Technology, Inc. (NASDAQ:AZPN)

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revealed net income for the second quarter of $ 37.01 million or 48 cents per share, compared to income of $ 36.68 million or 44 cents per share, in the year-ago period.
On net income basis, Aspen Technology, Inc. reported $ 40.19 million or 52 cents per share.

Total Revenue reached $ 119.93 million, increased from $ 119.15 million a year ago.

Analysts polled by Thomson Reuters had expected net income of $ 0.46 a share on Total Revenue of $ 118.33 million.

Antonio Pietri, President and CEO, said, AspenTech reported second quarter fiscal 2017 financial results that exceeded expectations from both a financial and operational perspective.