AP NEWS

American Software: Fiscal 2Q Earnings Snapshot

November 21, 2019

ATLANTA (AP) _ American Software Inc. (AMSWA) on Thursday reported fiscal second-quarter profit of $1.8 million.

On a per-share basis, the Atlanta-based company said it had profit of 5 cents. Earnings, adjusted for stock option expense and amortization costs, were 8 cents per share.

The enterprise software provider posted revenue of $28.2 million in the period.

American Software shares have increased 57% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.41, a rise of 51% in the last 12 months.

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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