Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

Bruins Live

1

2

Final OT

Mass. Movers

Aspen Technology records profit in quarter

Mark Fusco is Aspen’s CEO and president.

Peter Jordan

Mark Fusco is Aspen’s CEO and president.

Continue reading below

Shares of Burlington-based Aspen Technology Inc. rose as the company swung to a fourth-quarter profit as sales of software and subscriptions jumped. Results beat Wall Street expectations. Aspen’s software is designed to help customers in the oil and gas and pharmaceutical industries manage the supply chain and plant operations. For the period ended June 30, Aspen swung to a profit of $20.4 million, or 21 cents a share, compared with a year-earlier loss of $5.4 million, or 6 cents. Revenue jumped 30 percent to $83.3 million.

Loading comments...

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week