American Software: Fiscal 1Q Earnings Snapshot

August 28, 2019 GMT

ATLANTA (AP) _ American Software Inc. (AMSWA) on Wednesday reported fiscal first-quarter earnings of $1.2 million.

On a per-share basis, the Atlanta-based company said it had net income of 4 cents. Earnings, adjusted for amortization costs and stock option expense, came to 6 cents per share.

The enterprise software provider posted revenue of $27.4 million in the period.

American Software shares have increased 33% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.90, a decline of 24% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMSWA at https://www.zacks.com/ap/AMSWA