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American Software: Fiscal 4Q Earnings Snapshot

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.


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