ATLANTA (AP) _ American Software Inc. (AMSWA) on Thursday reported fiscal fourth-quarter net income of $545,000.
On a per-share basis, the Atlanta-based company said it had net income of 2 cents. Earnings, adjusted for stock option expense and amortization costs, were 4 cents per share.
The enterprise software provider posted revenue of $29.3 million in the period.
For the year, the company reported profit of $6.7 million, or 21 cents per share. Revenue was reported as $115.5 million.
American Software shares have increased 35% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $20.06, a climb of 41% in the last 12 months.