American Software (AMSWA) Reports In-Line Q4 EPS, Revenues Beat

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Go back to American Software (AMSWA) Reports In-Line Q4 EPS, Revenues Beat

American Software Reports Preliminary Fourth Quarter and Fiscal Year 2020 Results

June 18, 2020 4:05 PM EDT

Subscription Fees Increased 64%, Cloud Services Annual Contract Value Increased 53% and Operating Earnings Increased 57% for the Quarter

ATLANTA--(BUSINESS WIRE)-- American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the fourth quarter and for fiscal year 2020.

Key Fourth quarter financial highlights:

Subscription fees were $6.3 million for the quarter ended April 30, 2020, a 64% increase compared to $3.8 million for the same period last year, while Software license fee revenues were $1.1 million, a 37% decrease compared to $1.7 million for the same period last year,... More