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Healthcare Mergers, Acquisitions & Ventures Week

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Aspen Technology, Inc.



Device firm estimates fiscal 2005 financial results



November 6th, 2004

Aspen Technology, Inc., (AZPN) announced that based upon preliminary data, it expects to report, under generally accepted accounting principles in the United States or GAAP, total revenues of approximately $66.0 million, including approximately $27.5 million in software license revenues, for the first quarter of fiscal 2005.

Total expenses are expected to be approximately $69.0 million. Excluding amortization of intangible assets, the preferred stock dividend and discount accretion, and $18 million in restructuring and legal charges, the company now expects to report a (non-GAAP) net loss per share for the quarter of $0.02 to $0.04.

Approximately $13...


Source: Healthcare Mergers, Acquisitions & Ventures Week (2004-11-06)

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