American Software: Fiscal Q4 Earnings Snapshot

·1 min read

ATLANTA (AP) _ American Software Inc. (AMSWA) on Tuesday reported fiscal fourth-quarter profit of $3.1 million.

On a per-share basis, the Atlanta-based company said it had profit of 9 cents. Earnings, adjusted for stock option expense and amortization costs, came to 11 cents per share.

The enterprise software provider posted revenue of $28.6 million in the period.

For the year, the company reported profit of $8.1 million, or 24 cents per share. Revenue was reported as $111.4 million.

American Software shares have climbed 18% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $20.33, a fall of slightly more than 3% 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

The Associated Press