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Aspen Technology posts quarterly loss

Aspen makes software for manufacturing processes. Aspen makes software for manufacturing processes. (Istockphoto.Com)
September 5, 2010

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Aspen Technology Inc., which makes software for oil and chemical companies, ended the week up slightly after reporting fourth-quarter results. The Burlington-based company reported a loss that was wider than analysts expected. It posted a net loss of $34 million, or 37 cents per share, compared with income of $2.3 million, or 11 cents per share, a year earlier. Aspen ... (Full article: 77 words)

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