AP NEWS

American Software: Fiscal 2Q Earnings Snapshot

November 29, 2018

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

The Atlanta-based company said it had profit of 4 cents per share. Earnings, adjusted for amortization costs and stock option expense, were 7 cents per share.

The enterprise software provider posted revenue of $28 million in the period.

American Software shares have declined nearly 6 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.95, a decrease of 15 percent 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

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