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American Software posts 3Q profit

ATLANTA (AP) _ American Software Inc. (AMSWA) on Thursday reported fiscal third-quarter net income of $2.2 million.

The Atlanta-based company said it had net income of 8 cents per share. Earnings, adjusted for amortization costs and stock option expense, were 9 cents per share.

The enterprise software provider posted revenue of $26.4 million in the period.

American Software shares have climbed nearly 3 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.62, a rise of 11 percent 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


Keywords: American Software, Earnings Report