American Software (AMSWA) Tops Q1 EPS by 6c
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American Software Reports First Quarter of Fiscal Year 2022 Results
August 25, 2021 4:05 PM EDTAccelerated Growth in Cloud Services Annual Contract Value and Subscription Revenue
ATLANTA--(BUSINESS WIRE)-- American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022.
Key First Quarter Financial Highlights:
Subscription fees were $9.8 million for the quarter ended July 31, 2021, a 54% increase compared to $6.4 million for the same period last year, and Software license revenues were $0.5 million compared to $0.8 million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement... More