AspenTech revenue up 23% in F12

AspenTech revenue up 23% in F12

AspenTech, maker of aspenONE for chemical process and plant optimization, yesterday announced that fourth quarter revenue was $64 million, up 22% from a year ago, leading to total revenue for fiscal 2012 of $243 million, up 23% over last year. Mark Fusco, CEO, said...

AspenTech CEO: “A year ahead of plan” in Q3

Aspen Technology’s transition from a perpetual sales model to one based on subscriptions continues. For the quarter ended March 31, AspenTech’s FQ3, total revenue was $61 million, up increased 17% from $52.6 million a year ago. Subscription and software...

Quickies: AspenTech, Cimatron, Comet & MuM

Trying to keep up with the news flow isn’t easy this week! Here are a few tidbits that might have escaped your notice: Aspen Tech has acquired SolidSim Engineering GmbH, a provider of solids process modeling software. It’s a natural combination, since a lot of...

AspenTech continues its reinvention

AspenTech continues its turnaround, with total revenue climbing 34% to nearly $67 million for the second fiscal quarter ended December 31. The transition from paid-up license/maintenance revenue recognition to subscriptions has been rocky with the company not yet near...

Quick Update: AspenTech, Trimble

Day 4 of no power and spotty connectedness to the Interwebs, but earnings season rolls on so it’s time for another quick update: AspenTech exceeds targets for FQ1 AspenTech yesterday reported results for its first fiscal quarter that were up nicely by most metrics and...

AspenTech on track for 2011

Good earnings news continues to roll out in the world of engineering software. Yesterday, Aspen Technology announced fiscal third quarter results that show continued acceptance of the new license model for its aspenONE product suite even as the global economic...

AspenTech gains momentum

Aspen Technology on Tuesday announced 2FQ11 results showing that its transition from a perpetual to subscription model continues to gain momentum. AspenTech’s total revenue of $50 million up 17% over last year, including a 983% (no typo: 983%) increase in...

Earnings: AspenTech, Hexagon, Nemetschek

We’re in the midst of earnings season; keeping up is proving more challenging than usual. Here are a few quick thoughts on recent reports: •Aspen Tech announced results today that show continued momentum from fiscal 2010 (ended in June).  For the first quarter, Aspen...

AspenTech Q4 pretty good but still in transition

Aspen Tech last week (finally) announced results for the fourth quarter and fiscal year ended June 30, 2010. If you recall, AspenTech is in the middle of a painful transition, moving customers from a traditional perpetual license model to subscriptions and taking...