American Software (AMSWA) Tops Q4 EPS by 6c

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American Software Reports Fourth Quarter and Fiscal Year 2021 Results

June 8, 2021 4:05 PM EDT

Record Quarterly Bookings Accelerated Growth in Cloud Services Annual Contract Value

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

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... More