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American Software: Fiscal 2Q Earnings Snapshot

November 19, 2020 GMT

ATLANTA (AP) _ American Software Inc. (AMSWA) on Thursday reported fiscal second-quarter net income of $692,000.

The Atlanta-based company said it had net income of 2 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 5 cents per share.

The enterprise software provider posted revenue of $27.9 million in the period.

American Software shares have risen 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.84, a climb of 3.5% 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