Aspen Technology Q2 Profit Beats Estimates - Quick Facts

(RTTNews) - Aspen Technology, Inc. (AZPN), a provider of software and services to the process industries, reported that its second-quarter net income increased to $23.26 million or $0.25 per share, from $9.94 million or $0.10 per share, last year. Non-GAAP net income was $25.43 million or $0.27 per share, for the quarter.

On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.17 for the quarter. Analysts' estimates typically exclude special items.

Total revenue rose year-over-year to $98.77 million, from $77.31 million. Analysts expected revenue of $88.53 million for the quarter.