Mergers and Acquisitions - Logility Parent disposed of its 100% equity interest in The Proven Method for approximately $2.1 million in cash in September 2023[24]. - Logility Parent entered into a Merger Agreement with Aptean, where each share of Logility Parent's common stock will be converted into the right to receive $14.30 in cash upon completion of the merger[28]. - The merger is expected to be completed in the second quarter of calendar year 2025, subject to regulatory approvals and other closing conditions[32]. - Logility Parent's Board of Directors unanimously approved the Merger Agreement, determining it to be fair and in the best interests of shareholders[29]. - On September 18, 2023, the company disposed of its IT staffing firm, TPM, for approximately $2.1 million, allowing a focus on core supply chain planning business[75]. - Logility, Inc. acquired Garvis AI Limited for approximately $25.0 million, with $16.2 million allocated to goodwill[73]. - The acquisition of Garvis is expected to enhance Logility's supply chain management platform with the new Demand AI+ solution, integrating AI for demand forecasting[72]. Revenue Recognition and Financial Performance - The Company recognizes revenue from Software-as-a-Service (SaaS), licenses, professional services, and maintenance, with SaaS revenue generally recognized ratably over the term of the arrangement[37][38]. - Revenue from perpetual software licenses is recognized once the license period has begun and the software is made available to the client[39]. - Logility Parent's revenue recognition practices include billing for SaaS solutions and maintenance in advance, typically on a monthly, quarterly, or annual basis[45]. - The Company has an established history of collecting under the terms of its software license contracts without providing refunds or concessions[45]. - Total revenues for the three months ended January 31, 2025, were $25.0 million, a slight decrease from $25.5 million for the same period in 2024, representing a decline of about 2%[51]. - Domestic revenue for the three months ended January 31, 2025, was $19.4 million, compared to $20.0 million in the same period of 2024, reflecting a decrease of approximately 3.2%[51]. - International revenue for the three months ended January 31, 2025, was $5.6 million, slightly up from $5.5 million in the same period of 2024, showing a marginal increase of about 1.8%[51]. - Total revenue for the nine months ended January 31, 2025, was $76,485,000, a slight decrease of 0.8% compared to $77,127,000 for the same period in 2024[92]. - For the three months ended January 31, 2025, Supply Chain Management segment revenue was $24,192,000, a decrease of 2.2% from $24,741,000 in the same period of 2024[92]. - The Other segment reported a revenue of $815,000 for the three months ended January 31, 2025, compared to $795,000 in the same period of 2024, reflecting a growth of 2.5%[92]. Deferred Revenue and Commissions - Deferred revenue as of January 31, 2025, was $38.1 million, down from $47.6 million as of April 30, 2024, indicating a decrease of approximately 20%[48]. - The aggregate amount of transaction price allocated to remaining performance obligations was approximately $111.0 million, with an expectation to recognize revenue on about 55% of these obligations over the next 12 months[48]. - Total deferred commissions as of January 31, 2025, were $2.0 million, down from $2.5 million as of April 30, 2024, indicating a decrease of 20%[51]. Earnings and Losses - Basic loss per share for the three months ended January 31, 2025, was $(0.08), consistent with the same period in 2024[60]. - Diluted loss per share for Class A common shares for the three months ended January 31, 2025, was also $(0.08)[61]. - The company recorded total stock-based compensation costs of approximately $1.4 million for stock options and $0.2 million for RSUs during the three months ended January 31, 2025[79]. - Total operating loss for the three months ended January 31, 2025, was $(3,513,000), a decrease of 531% compared to an operating income of $815,000 in the same period of 2024[157]. Cash Flow and Liquidity - Net cash used in operating activities for the nine months ended January 31, 2025, was $(13,843,000), compared to $7,916,000 provided in the same period of 2024[169]. - Cash and cash equivalents decreased to $34,359,000 as of January 31, 2025, from $55,854,000 a year earlier, while total cash and short-term investments increased slightly to $79,274,000 from $78,308,000[173]. - Days Sales Outstanding in accounts receivable improved to 82 days as of January 31, 2025, from 86 days a year earlier, indicating better cash collection timing[174]. Expenses - Research and development expenses increased to $4,748,000 for the three months ended January 31, 2025, representing 19% of total revenue, compared to 18% in the prior year[151]. - Sales and marketing expenses rose to $6,164,000 for the three months ended January 31, 2025, accounting for 25% of total revenue, compared to 20% in the prior year[151]. - General and administrative expenses increased significantly to $9,164,000 for the three months ended January 31, 2025, representing 37% of total revenue, compared to 23% in the prior year[151]. - Sales and marketing expenses as a percentage of revenue increased from 20% to 25% for the three months ended January 31, 2025, and from 21% to 22% for the nine months, primarily due to an accrual of $1.1 million related to the Starboard Acquisition earnout target[154]. - General and administrative expenses as a percentage of revenue increased from 23% to 37% for the three months ended January 31, 2025, and from 22% to 27% for the nine months, mainly due to $3.5 million related to the Merger Agreement[155]. Market and Economic Conditions - The Company anticipates that the challenging global macro-economic environment will require clients to improve productivity and profitability by upgrading their technology systems[104]. - The International Monetary Fund projects global growth at 3.3% for both 2025 and 2026, which is below the historical average of 3.7%[103]. - The company has been affected by inflation, leading to increased costs of employee compensation and operating expenses[183]. Client Base and Market Position - No single client accounted for more than 10% of total revenue for the three and nine months ended January 31, 2025, indicating a diversified client base[93]. - Logility is recognized as a Leader in the 2024 Gartner Magic Quadrant for Supply Chain Planning Solutions, highlighting its strong vision and execution capabilities[112]. - The company serves approximately 500 clients across 80 countries, focusing on key verticals such as apparel, food and beverage, and consumer packaged goods[114]. Investment and Financial Management - The fair market value of the company's investment portfolio was approximately $72.9 million as of January 31, 2025, down from $73.9 million as of January 31, 2024[180]. - The company manages interest rate risk by maintaining a portfolio of high credit quality investments with relatively short average maturities[180]. - Future investment income may fall short of expectations due to interest rate fluctuations and stock market volatility[182].

Revenue and Subscription Fees - Subscription fees for Q3 FY 2025 were $14.8 million, a 5% increase from $14.1 million in the same period last year[5] - Total revenues for Q3 FY 2025 decreased 2% to $25.0 million, down from $25.5 million year-over-year, primarily due to a decline in services and maintenance revenue[5] - Maintenance revenues for Q3 FY 2025 decreased 12% to $6.8 million compared to $7.7 million in the same period last year[5] - Professional services and other revenues for Q3 FY 2025 decreased 21% to $2.7 million from $3.4 million year-over-year[5] - Total revenues for the nine months ended January 31, 2025, were $76.5 million, compared to $77.1 million for the same period last year[7] - Subscription fees increased by 5% to $14,818 million in Q3 2025 compared to $14,114 million in Q3 2024[17] - Total revenues decreased by 2% to $25,007 million in Q3 2025 from $25,536 million in Q3 2024[17] - Professional services and other revenues declined by 21% to $2,712 million in Q3 2025 compared to $3,418 million in Q3 2024[17] Net Income and Loss - GAAP net loss from continuing operations for Q3 FY 2025 was ($2.8) million or ($0.08) per fully diluted share, compared to net income of $4.2 million or $0.12 per fully diluted share for the same period last year[8] - Net loss from continuing operations was $2,758 million in Q3 2025, a significant decrease from a profit of $4,152 million in Q3 2024[17] - For the third quarter ended January 31, 2025, the company reported a net loss of $0.08 per share, compared to earnings of $0.12 per share in the same period last year, representing an 86% decline[19] - Adjusted net earnings from continuing operations decreased by 26% to $0.14 per share for the third quarter, down from $0.19 per share in the prior year[19] Operating Expenses - Operating expenses rose by 30% to $20,267 million in Q3 2025 from $15,631 million in Q3 2024[17] - Operating expenses increased by 65% to $573 million for the nine months ended January 31, 2025, compared to $347 million in the same period last year[19] Cash and Investments - The company reported a cash and investments balance of approximately $79.3 million as of the end of Q3 FY 2025[10] - Cash and cash equivalents at the end of the period were $34.359 million, down from $59.512 million at the beginning of the period, indicating a decrease of 42%[20] - The company reported a net cash used in operating activities of continuing operations of $(13.845) million for the nine months ended January 31, 2025, compared to $7.916 million provided in the previous year[20] Acquisition - Logility will not be hosting an earnings conference call for Q3 FY 2025 due to the pending acquisition by Aptean[3] - Aptean has agreed to acquire Logility for $14.30 per share in an all-cash transaction, expected to close in Q2 FY 2025[2] Research and Development - Research and development expenses increased by 4% to $4,748 million in Q3 2025 compared to $4,546 million in Q3 2024[17] - Research and development expenses increased by 12% to $195 million for the third quarter compared to $174 million in the prior year[19] Dividends and Liabilities - The company paid dividends totaling $11.027 million during the nine months ended January 31, 2025, slightly down from $11.272 million in the previous year[20] - Total liabilities decreased to $54.873 million as of January 31, 2025, from $61.963 million as of April 30, 2024, a reduction of 11%[19]

Revenue Recognition and Performance Obligations - The company recognized $33.5 million of revenue from deferred revenue during the six months ended October 31, 2024[45]. - As of October 31, 2024, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $120.0 million, with an expectation to recognize revenue on approximately 52% over the next 12 months[46]. - The company expects to recognize revenue on the remaining performance obligations after the next 12 months[46]. - The company’s revenue from Software-as-a-Service (SaaS), licenses, professional services, and maintenance is recognized based on the transfer of control of promised goods or services[34]. - The company’s deferred revenue balance as of October 31, 2024, was $38.1 million, down from $47.6 million at April 30, 2024[46]. Financial Performance - The company reported domestic revenues of $19.8 million for the three months ended October 31, 2024, compared to $20.1 million for the same period in 2023, reflecting a decrease of 1.3%[49]. - International revenues for the three months ended October 31, 2024, were $5.5 million, down from $5.6 million in the same period of 2023, a decrease of 2.5%[49]. - Total revenue for the three months ended October 31, 2024, decreased by 2% to $25,286 thousand compared to $25,690 thousand in the same period last year, primarily due to a 68% decrease in license fees[134]. - For the six months ended October 31, 2024, total revenue remained flat at $51,478 thousand compared to $51,591 thousand in the same period last year, with an 8% increase in subscription revenue[137]. - Revenue from Supply Chain Management for the three months ended October 31, 2024, was $24,507,000, a decrease of 1.3% from $24,828,000 in 2023[100]. Earnings and Losses - Basic loss per share for Class A and B common shares for the three months ended October 31, 2024, was $(0.06) each[61]. - Net loss earnings attributable to common stockholders for the three months ended October 31, 2024, was $(1,986,000) for Class A and $(32,000) for Class B[61]. - Total net earnings attributable to common stockholders for the six months ended October 31, 2023, was $4,838,000 for Class A and $273,000 for Class B[66]. - The company faced a 39% decrease in license fees for the six months ended October 31, 2024, compared to the same period last year[137]. - The company reported a 240% increase in earnings before income taxes for the three months ended October 31, 2024, compared to the same period last year[131]. Dividends and Shareholder Returns - The company declared a quarterly cash dividend of $0.11 per share, payable on November 29, 2024[53]. - Distributed earnings for Class A common shares for the six months ended October 31, 2024, totaled $7,107,000, while Class B common shares totaled $260,000[61]. - Total distributed earnings for Class A common shares for the three months ended October 31, 2023, was $3,556,000, while Class B common shares was $201,000[65]. Acquisitions and Disposals - The company disposed of its 100% equity interest in The Proven Method for approximately $2.1 million in cash in September 2023[29]. - The company acquired 100% of Garvis AI Limited for approximately $25.0 million, with $16.2 million allocated to goodwill[75][77]. - The company disposed of its IT staffing firm, TPM, for approximately $2.1 million in cash, allowing a focus on core supply chain planning business[80]. Cash Flow and Liquidity - Cash equivalents as of October 31, 2024, totaled $40.454 million, with U.S. Treasury securities at $39.631 million[92]. - Cash and cash equivalents decreased to $44,589 thousand as of October 31, 2024, from $62,971 thousand as of October 31, 2023[186]. - Net cash used in operating activities of continuing operations was $(7,321) thousand for the six months ended October 31, 2024, compared to $6,436 thousand for the same period in 2023[182]. Operational Metrics - Days Sales Outstanding in accounts receivable improved to 61 days as of October 31, 2024, from 72 days as of October 31, 2023[187]. - The total number of full-time personnel decreased to 392 as of October 31, 2024, from 423 as of October 31, 2023[167]. - The company serves approximately 550 clients across 80 countries, primarily in key vertical markets such as apparel, food and beverage, and consumer packaged goods[121]. Cost Management and Expenses - The company has been affected by inflation, leading to increased costs of employee compensation and operating expenses[196]. - The company attempts to recover increased costs through periodic price increases, as permitted by the marketplace[196]. - Research and development expenses remained stable at 17% of total revenue for both the three and six months ended October 31, 2024[131]. - General and administrative expenses remained relatively flat at 23% and 22% for the three and six months ended October 31, 2024, respectively[166]. Internal Controls and Compliance - The company completed remediation of a previously disclosed material weakness in internal control over financial reporting as of July 31, 2024[201]. - There were no changes in the company's internal control over financial reporting during the quarter ended October 31, 2024, that materially affected its internal controls[202].

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of a trend in short-term investing, highlighting that a solid price trend and strong fundamentals are crucial for successful trades [1]. Group 1: Stock Performance - American Software (AMSWA) has shown a solid price increase of 25% over the past 12 weeks, indicating investor confidence in its potential upside [2]. - The stock has maintained a price increase of 6.6% over the last four weeks, suggesting that the upward trend is still intact [2]. Group 2: Technical Indicators - AMSWA is currently trading at 80.3% of its 52-week high-low range, indicating it may be on the verge of a breakout [3]. - The stock carries a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [3]. Group 3: Analyst Recommendations - The Average Broker Recommendation for AMSWA is 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3]. - Historically, Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, showcasing the effectiveness of this ranking system [3]. Group 4: Investment Strategy - The article suggests that investors should consider other stocks that pass the "Recent Price Strength" screen, which identifies stocks with strong fundamentals and price trends [4]. - The Zacks Research Wizard can assist investors in backtesting stock-picking strategies to ensure they have produced profitable results in the past [4].

Revenue Recognition and Financial Performance - The Company recognized $19.4 million of revenue from deferred revenue during the three months ended July 31, 2024[34]. - As of July 31, 2024, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $125.0 million, with an expectation to recognize revenue on approximately 51% over the next 12 months[35]. - The Company reported total revenues of $26.2 million for the three months ended July 31, 2024, compared to $25.9 million for the same period in 2023, reflecting a year-over-year increase[37]. - Domestic revenue for the three months ended July 31, 2024, was $20.5 million, slightly down from $20.5 million in 2023, while international revenue increased to $5.7 million from $5.4 million[37]. - Total revenue for the three months ended July 31, 2024, was $26,192,000, a 1% increase compared to $25,901,000 in the same period of 2023[109]. - Subscription fees increased by 7% to $14,791,000, representing 56% of total revenue for the three months ended July 31, 2024[109]. - Professional services and other revenue rose by 5% to $3,870,000, driven by increased bookings in recent quarters[115]. - License revenue decreased by 17% to $241,000, primarily due to a shift from on-premise licensed software to SaaS[114]. - Maintenance revenue fell by 11% to $7,290,000, constituting 28% of total revenue[109]. - The Supply Chain Management (SCM) segment generated revenue of $25,359,000 for the three months ended July 31, 2024, compared to $24,969,000 for the same period in 2023, reflecting a growth of 1.6%[79]. Earnings and Shareholder Returns - Basic earnings per share for Class A Common Shares for the three months ended July 31, 2024, was $0.06, down from $0.08 in the same period of 2023, representing a 25% decrease[45]. - Total distributed earnings for the three months ended July 31, 2024, was $3,462,000, compared to $3,558,000 for the same period in 2023, a decrease of approximately 2.7%[45]. - The diluted EPS for Class A Common Shares for the three months ended July 31, 2024, was $0.06, consistent with the previous year[47][48]. - The Company repurchased a total of 5,534,953 shares of common stock at a cost of approximately $35.8 million as of July 31, 2024[70]. - A quarterly cash dividend of $0.11 per share was declared on May 30, 2024, payable on August 30, 2024[40]. - A quarterly cash dividend of $0.11 per share was declared on August 20, 2024, payable on November 29, 2024[84]. Operational Changes and Strategic Decisions - The Company disposed of its 100% equity interest in The Proven Method for approximately $2.1 million in cash in September 2023[23]. - The company disposed of its IT staffing firm, TPM, for approximately $2.1 million in cash, allowing a focus on core supply chain planning business[58]. - The company acquired Garvis AI Limited for approximately $25.0 million, with $16.2 million allocated to goodwill, enhancing its AI capabilities in supply chain management[54][56]. - The Company expects to provide enhanced reportable segment financial disclosures starting with its Annual Report on Form 10-K for the year ending April 30, 2025, following the issuance of ASU 2023-07[24]. Cost Management and Expenses - The Company capitalizes incremental costs of obtaining contracts, with deferred commission costs amortized ratably over the economic benefit period[39]. - Research and development expenses increased by 3% to $4,364,000, representing 17% of total revenue, primarily due to higher personnel costs and contractor usage[127]. - The company recorded total compensation cost related to stock options of approximately $1.3 million for the three months ended July 31, 2024, compared to $1.4 million in 2023[62]. - Inflation has impacted the company through increased costs of employee compensation and operating expenses, prompting efforts to recover these costs through price adjustments[156]. Market and Investment Performance - As of July 31, 2024, the total fair value of marketable securities was $86,403,000, an increase from $77,782,000 as of April 30, 2024, representing an increase of approximately 10.4%[68][69]. - The fair market value of the company's investment portfolio decreased to approximately $86.4 million as of July 31, 2024, from $110.5 million a year earlier, reflecting market conditions affecting investment valuations[153]. - Unrealized losses from investments amounted to approximately $0.5 million, while realized gains were approximately $0.6 million for the three months ended July 31, 2024[135]. - The company has no debt and believes its liquidity and capital resources are sufficient for at least the next twelve months, although it may need to seek additional capital in the future[147]. Operational Efficiency and Workforce - The company recorded a net cash used in operating activities of $(1,799,000) for the three months ended July 31, 2024, compared to $7,168,000 provided in the same period last year[142]. - The total number of full-time personnel decreased to 410 from 489 year-over-year, indicating a reduction in workforce[132]. - Days Sales Outstanding in accounts receivable improved to 61 days as of July 31, 2024, down from 76 days as of July 31, 2023, indicating better cash collection efficiency[146]. Segment Performance - Operating income from the SCM segment was $6,577,000 for the three months ended July 31, 2024, up from $6,170,000 in the prior year, indicating an increase of 6.6%[79]. - Earnings before income taxes for the SCM segment were $7,105,000 for the three months ended July 31, 2024, compared to $6,416,000 in the prior year, marking an increase of 10.7%[79]. - Operating income for the SCM segment increased by 7% to $6,577,000, while the Other segment's operating loss decreased by 1% to $(4,733,000)[133]. - The SCM segment's capital expenditures were $7,000 for the three months ended July 31, 2024, significantly lower than $350,000 in the same period last year[79]. - The SCM segment accounted for 94% of total maintenance revenue, with SCM maintenance revenue also decreasing by 11% due to client attrition and migration to the SaaS cloud platform[117]. Tax and Regulatory Matters - The effective tax rate for the three months ended July 31, 2024, was 17.0%, down from 20.2% in the same period last year, influenced by research and development credits[137]. - Remediation of a previously disclosed material weakness in internal control over financial reporting was completed as of July 31, 2024, enhancing the accuracy of financial reconciliations[160]. Currency and Economic Environment - The Company anticipates that the challenging global macroeconomic environment will require clients to improve productivity and profitability, potentially enhancing the selling environment for its software solutions[90]. - Exchange rate losses increased to approximately $92,000 for the three months ended July 31, 2024, compared to $65,000 for the same period in the prior year, indicating potential currency risk exposure[152]. - The company has not engaged in any hedging activities, which may expose it to additional risks from foreign currency fluctuations[152].

Core Viewpoint - American Software (AMSWA) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years [1]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [3]. Impact of Earnings Estimate Revisions - Rising earnings estimates for American Software suggest an improvement in the company's underlying business, which is expected to drive the stock price higher [3]. - The Zacks Rank system effectively utilizes earnings estimate revisions to classify stocks, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [4]. Current Earnings Estimates for American Software - For the fiscal year ending April 2025, American Software is expected to earn $0.38 per share, reflecting a year-over-year decline of -25.5% [5]. - Over the past three months, the Zacks Consensus Estimate for American Software has increased by 5.6% [5]. Zacks Rating System Overview - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings across over 4000 stocks, with only the top 5% receiving a 'Strong Buy' rating [6]. - The upgrade of American Software to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [7].

Financial Data and Key Metrics Changes - For Q1 2025, revenues were $26.2 million, a 1% increase from $25.9 million in the same period last year, driven by higher subscription fees and professional services [11] - Subscription fees increased 7% year-over-year to $14.8 million compared to $13.8 million [11] - Adjusted EBITDA margin rose to nearly 18%, reflecting improved gross margins and disciplined expense management [5] - Gross margin improved to 67% from 65% in the prior year [12] - Net income was $2.1 million or earnings per diluted share of $0.06, down from $2.6 million or $0.08 per diluted share last year [14] Business Line Data and Key Metrics Changes - Professional services revenue increased 5% to $3.9 million compared to $3.7 million in the same period last year [12] - Maintenance revenues declined 11% year-over-year to $7.3 million, impacted by the divestiture of the transportation group [12] - Total recurring revenues, comprising subscription and maintenance fees, increased 1% and represented 84% of total revenues for the quarter [12] Market Data and Key Metrics Changes - International revenues accounted for 22% of total revenues, up from 18% last year [15] - Remaining performance obligations increased by 13% year-over-year to $125 million [15] Company Strategy and Development Direction - The company is focusing on an AI-first approach to supply chain planning, with new generative AI capabilities launched in May [6] - There is a concerted effort to transition existing self-managed clients to cloud-hosted solutions, with expectations for increased cloud migrations towards the end of the fiscal year [7] - The company is maintaining its fiscal 2025 guidance for total revenue of $104 million to $108 million and recurring revenue between $87 million to $89 million [10] Management's Comments on Operating Environment and Future Outlook - Management noted that conversion of the pipeline remained low due to seasonal softness and cautious buyer behavior in an uncertain economic environment [8] - Despite economic concerns, there is confidence in meeting or exceeding guidance due to an expanding late-stage pipeline and increased client readiness to move forward with projects [9] - Management expressed optimism about the cloud migration strategy and its reception among clients, anticipating it will become a more prominent part of the delivery model [33] Other Important Information - The company has eliminated its dual-class structure to enhance corporate governance [10] - Cash and investments stood at approximately $92 million at the end of the quarter, with $3.7 million paid in dividends during the quarter [15] Q&A Session Summary Question: Can you quantify retention rates and compare them to historicals? - Retention rates are currently in the mid-90s, consistent with recent quarters [17][20] Question: Are you taking any internal actions to address slower conversions? - The company has not diverted resources but has taken steps to stimulate dialogue and facilitate client transitions to cloud solutions [19][20] Question: How actively is the company looking for M&A opportunities? - The company has adopted a more opportunistic posture due to misaligned valuations in the market [21][22] Question: Is the professional services margin sustainable? - The company is comfortable with the current services margin, viewing it as a return to normal levels [25][26] Question: How is the network optimization opportunity emerging? - The network design optimization solution is gaining traction among clients, enhancing their ability to manage supply chain decisions [28] Question: What is the competitive landscape like with new entrants? - The competitive landscape remains stable, with SAP and Microsoft as primary competitors, while new entrants have not significantly impacted the market [40][41]

Core Insights - American Software reported earnings per share (EPS) of 12 cents, exceeding the analyst estimate of 8 cents [1] - The company achieved revenue of $26.19 million, which is 3.69% higher than the analyst estimate of $25.26 million [1] Financial Performance - Earnings per share (EPS): 12 cents, above the estimate of 8 cents [1] - Revenue: $26.19 million, surpassing the estimate of $25.26 million by 3.69% [1]

Core Viewpoint - American Software reported quarterly earnings of $0.12 per share, exceeding the Zacks Consensus Estimate of $0.07 per share, and matching the earnings from the previous year [1] - The company achieved a revenue of $26.19 million for the quarter, surpassing the Zacks Consensus Estimate by 5.23%, although this represents a decline from $29.17 million year-over-year [1] Earnings Performance - The earnings surprise for the quarter was 71.43%, with a previous quarter surprise of 50% [1] - Over the last four quarters, American Software has exceeded consensus EPS estimates three times [1] Revenue Insights - The company has also topped consensus revenue estimates three times in the last four quarters [1] - Current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of $25.76 million, and for the current fiscal year, it is $0.35 on revenues of $104.01 million [4] Industry Context - The Computer - Software industry is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5] - Adobe Systems, another company in the same industry, is expected to report quarterly earnings of $4.53 per share, reflecting a year-over-year increase of 10.8% [5][6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 22, 2024 (August 22, 2024) | --- | --- | |-------------------------------------------------------------------------------|-----------------------| | AMERICAN SOFTWARE, INC. (Exact Name of Registrant as Specified in | Charter) | | Commission File Number 0-12 ...