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American Software: Fiscal 3Q Earnings Snapshot

Posted at 4:26 PM, Feb 20, 2019
and last updated 2019-02-20 16:26:03-05

ATLANTA (AP) — American Software Inc. (AMSWA) on Wednesday reported fiscal third-quarter profit of $2.3 million.

On a per-share basis, the Atlanta-based company said it had profit of 7 cents. Earnings, adjusted for amortization costs and stock option expense, were 10 cents per share.

The enterprise software provider posted revenue of $27 million in the period.

American Software shares have climbed 10 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.53, a decline of nearly 4 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMSWA at https://www.zacks.com/ap/AMSWA