ATLANTA (AP) _ American Software Inc. (AMSWA) on Wednesday reported fiscal first-quarter earnings of $1.2 million.
On a per-share basis, the Atlanta-based company said it had net income of 4 cents. Earnings, adjusted for amortization costs and stock option expense, came to 6 cents per share.
The enterprise software provider posted revenue of $27.4 million in the period.
American Software shares have increased 33% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.90, a decline of 24% in the last 12 months.