AP NEWS

American Software: Fiscal 4Q Earnings Snapshot

June 19, 2019

ATLANTA (AP) _ American Software Inc. (AMSWA) on Wednesday reported fiscal fourth-quarter profit of $1.9 million.

On a per-share basis, the Atlanta-based company said it had net income of 6 cents. Earnings, adjusted for amortization costs and stock option expense, were 9 cents per share.

The enterprise software provider posted revenue of $26.3 million in the period.

For the year, the company reported profit of $6.8 million, or 22 cents per share. Revenue was reported as $108.7 million.

American Software shares have climbed 39% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.51, a decrease of nearly 2% 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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