American Software(AMSWA)

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American Software(AMSWA) - 2024 Q3 - Earnings Call Transcript
2024-02-23 00:07
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) Q3 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-02-22 23:36
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 ...
American Software's Board Approves the Quarterly Cash Dividend
Businesswire· 2024-02-22 17:29
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 ...
American Software, Inc. Announces Resignation of Executive Chair Jim Edenfield
Businesswire· 2024-02-21 21:16
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 ...
American Software(AMSWA) - 2024 Q3 - Quarterly Results
2024-02-21 16:00
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 ...
What Analyst Projections for Key Metrics Reveal About American Software (AMSWA) Q3 Earnings
Zacks Investment Research· 2024-02-19 15:21
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]
Logility President Allan Dow, VP Business Development Diane Ngabire & Valued Client Suresh Babu named 2024 Rock Stars of the Supply Chain
Businesswire· 2024-02-12 18:01
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 ...
Logility Advances Supply Chain Supplier Management Capabilities for Apparel and Soft Goods Companies
Businesswire· 2024-01-30 15:37
ATLANTA--(BUSINESS WIRE)--Logility, Inc., a leader in prescriptive supply chain planning software, introduces new functionality to its cloud-based (SaaS) Logility® Digital Supply Chain Platform, designed to elevate visibility into vendor and supplier relationships. New features are available for corporate responsibility, traceability, and vendor management software applications. Many retail and apparel companies face challenges in managing information about all suppliers involved in delivering their prod ...
7 Tech Stocks That Also Bring in Attractive Passive Income
InvestorPlace· 2024-01-25 00:20
When the topic of tech stocks comes up, chances are, you’re not really thinking about any underlying dividends. Instead, the top innovators generally tend to be capital-gains-oriented investments. Usually, that’s by design. Companies like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN) need to constantly reinvest their earnings into the business for future advancements or expansions.Still, not all tech stocks abide by the principle of growth at all costs. Many choose to reward their shareholde ...
American Software Announces Tax Treatment of 2023 Distributions
Businesswire· 2024-01-22 19:34
ATLANTA--(BUSINESS WIRE)--American Software, Inc. (NASDAQ: AMSWA) has determined that certain 2023 distributions are considered to be return of capital (non-dividend) distributions. This tax treatment will affect shareholders’ tax basis in their shares. To assist investors with tax reporting, Form 8937, Report of Organizational Actions Affecting Basis of Securities has been posted on the Investor section of the Company’s website under “Investor Relations.” Shareholders should consult their tax advisors to ...