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What: Shares of Aspen Technology (Nasdaq: AZPN) are skiing higher, up by as much as 17%, after the company reported second-quarter earnings.

So what: Revenue jumped 34% to $66.6 million, the majority of which came from subscription and software. Adjusted earnings per share came in at $0.06, a healthy improvement from the $0.09-per-share loss experienced the prior year, especially since analysts were expecting another loss this quarter.

Now what: Operating income also improved from a loss of $9.3 million last year to $7 million this quarter. CEO Mark Fusco said the company met or exceeded its guidance across all key metrics, and has confidence it will do the same throughout the year. The license portion of total contract value rose nearly 13%, which Aspen finds particularly meaningful.

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Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.