American Software (AMSWA) Tops Q2 EPS by 5c
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American Software Reports Second Quarter of Fiscal Year 2022 Results
November 18, 2021 4:05 PM ESTReturn to Double-Digit Revenue Growth Driven by Continued Strong Growth in Subscription Fees
ATLANTA--(BUSINESS WIRE)-- American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022.
Key Second Quarter Financial Highlights:
Subscription fees were $10.4 million for the quarter ended October 31, 2021, a 49% increase compared to $7.0 million for the same period last year and software license revenues were up slightly to $0.8 million compared to $0.5 million for the same period last year. Cloud Services Annual Contract Value (ACV)... More