Table of Contents _________________ _________________ _________________ _________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 000-12456 AMERICAN ...

Company Overview - U.S. Autoforce is a leader in the distribution of tires, undercar parts, and lubricants, with over 70 years of experience [3] - The company serves independent tire retailers, auto repair shops, and automotive dealerships, providing extensive inventories and customer service [3] - U.S. Autoforce has expanded its distribution network, acquiring Max Finkelstein in 2022, and currently operates more than 60 distribution centers across the United States [3] Business Growth and Strategy - U.S. Autoforce is experiencing significant growth, with a database expanding to over 2.5 million records and 65 locations, and anticipates growth to 4 million records in the coming years [1] - To support this growth, the company has invested in Logility's Digital Supply Chain Platform, implementing solutions for Demand Optimization, Inventory Planning, Replenishment Planning, Supply Planning Rebalancing, and Network Optimization [1] Implementation and Results - Following the implementation of Logility, U.S. Autoforce has seen a reduction in workload, with forecasting processes that previously took days now completed in just a few hours [2] - The new system alleviates pressure on teams, enabling them to meet deadlines and provide timely information to manufacturers [2] Logility Overview - Logility's Digital Supply Chain Platform offers optimized demand, inventory, manufacturing, and supply plans, enhancing executives' confidence and control over margins and service levels [4] - The platform combines artificial intelligence and predictive analytics to facilitate integrated planning and operations across the supply chain [4] - Logility serves over 650 clients in 80 countries, focusing on creating demonstrable value through a prescriptive approach [4]

For the quarter ended January 2024, American Software (AMSWA) reported revenue of $25.54 million, down 17.7% over the same period last year. EPS came in at $0.19, compared to $0.13 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $24.12 million, representing a surprise of +5.87%. The company delivered an EPS surprise of +216.67%, with the consensus EPS estimate being $0.06.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

American Software, Inc. (NASDAQ:AMSWA) Q3 2024 Earnings Conference Call February 22, 2024 5:00 PM ET Company Participants Allan Dow - President and Chief Executive Officer Vincent Klinges - Chief Financial Officer Conference Call Participants Matthew Galinko - Maxim Group Anja Soderstrom - Sidoti & Company Zach Cummins - B. Riley Securities Operator [Operator instructions] Hello and welcome to the Third Quarter Fiscal Year 2024 Earnings Results Conference. At this time all participants are in a listen-only ...

American Software (AMSWA) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 216.67%. A quarter ago, it was expected that this enterprise software provider would post earnings of $0.08 per share when it actually produced earnings of $0.08, delivering no surprise.Over the last four quarte ...

ATLANTA--(BUSINESS WIRE)--American Software, Inc. (NASDAQ: AMSWA) today announced that its Board of Directors declared a quarterly dividend of $.11 per share. The dividend is payable to the Company’s Class A and Class B Shareholders of record at the close of business on May 3, 2024, to be paid on or about May 17, 2024. Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers optimized demand, inventory, manufacturing, and supply planning tools – helping to prov ...

ATLANTA--(BUSINESS WIRE)--The Board of Directors of American Software, Inc. (NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain management and advanced retail planning platforms, announced today that the company’s co-founder, Executive Chairman and Treasurer, James C. Edenfield, has elected to step down from the Board and as the company’s Treasurer, after over 50 years of leadership for the company. Mr. Edenfield submitted a letter of resignation, which the Board accepted today. Mr. Ed ...

FOR IMMEDIATE RELEASE Financial Information Press Contact: Vincent C. Klinges Chief Financial Officer American Software, Inc. (404) 264-5477 Subscription Fee Growth of 9% and Adjusted EBITDA Margin was 16% of revenue from Continuing Operations in Q3 ATLANTA (February 22, 2024) American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the third quarter of fiscal year 2024. During the second quarter of fiscal year 2024 we divested our non-core information technology staffing fir ...

Core Insights - Analysts project that American Software (AMSWA) will report quarterly earnings of $0.06 per share, reflecting a year-over-year decline of 53.9% [1] - Revenue estimates for the quarter are expected to reach $24.12 million, down 22.2% from the same period last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] Revenue Breakdown - 'Revenues- Professional services and other' are estimated at $2.81 million, indicating a year-over-year decline of 66.3% [2] - 'Revenues- Maintenance' are forecasted to be $7.39 million, suggesting a decrease of 14.6% year over year [2] - 'Revenues- Subscription fees' are predicted to reach $13.72 million, reflecting a year-over-year increase of 5.5% [2] Stock Performance - Shares of American Software have decreased by 6.2% over the past month, contrasting with a 5.2% increase in the Zacks S&P 500 composite [3] - The company holds a Zacks Rank 3 (Hold), indicating expectations to mirror overall market performance in the near future [3]

ATLANTA--(BUSINESS WIRE)--Logility, Inc., the leader in AI-first supply chain planning software, announced VP Business Development, Diane Ngabire, Allan Dow, president of Logility, Inc & Suresh Babu, VP of Supply Chain & Procurement at Great Lakes Cheese, are Food Logistics 2024 Rock Stars of the Supply Chain. This award recognizes the Top 100 influential individuals for distinct categories within the cold food industry. Suresh Babu, Great Lakes Cheese, Lifetime Achievement With over 20 years of experie ...