American Software (AMSWA) Tops Q3 EPS by 11c

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Go back to American Software (AMSWA) Tops Q3 EPS by 11c

American Software Reports Preliminary Third Quarter of Fiscal Year 2018 Results

February 22, 2018 4:05 PM EST

License Revenues Increase 50%, Cloud Services Annual Contract Value Increases 125%, and Total Revenue Increases 14% Driving a 149% Increase in Net Earnings for the Quarter

ATLANTA--(BUSINESS WIRE)-- American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the third quarter of fiscal year 2018.

Key third quarter financial highlights:

Cloud Services Annual Contract Value (ACV) increased approximately 125% to $10.9 million as of the quarter ended January 31, 2018 compared to $4.9 million as of the same period of the prior year. ACV consists of Software-as-a-Service... More