American Software Reports Fourth Quarter and Fiscal Year 2021 Results

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Go back to American Software Reports Fourth Quarter and Fiscal Year 2021 Results

American Software (AMSWA) Tops Q4 EPS by 6c

June 8, 2021 4:06 PM EDT

American Software (NASDAQ: AMSWA) reported Q4 EPS of $0.11, $0.06 better than the analyst estimate of $0.05. Revenue for the quarter came in at $28.6 million versus the consensus estimate of $28.7 million.

Key Fourth Quarter Financial Highlights:

Subscription fees were $8.1 million for the quarter ended April 30, 2021, a 28% increase compared to $6.3 million for the same period last year, and Software license revenues were $1.2 million, a 15% increase compared to $1.1 million for the same period last year.Cloud Services Annual Contract Value (ACV) increased approximately 45% to $38.3 million for the quarter ended April 30, 2021 compared to $26.4... More