American Software (AMSWA) Tops Q3 EPS by 5c

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Go back to American Software (AMSWA) Tops Q3 EPS by 5c

American Software Reports Third Quarter of Fiscal Year 2021 Results

February 24, 2021 4:05 PM EST

Subscription Fees Increased 29%, Cloud Services Annual Contract Value Increased 24% for the Quarter

ATLANTA--(BUSINESS WIRE)-- American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the third quarter of fiscal year 2021.

Key Third Quarter Financial Highlights:

Subscription fees were $7.5 million for the quarter ended January 31, 2021, a 29% increase compared to $5.8 million for the same period last year, while Software license revenues were $0.5 million, an 86% decrease compared to $3.7 million for the same period last year, reflecting our continued transition to the Software as a... More