Brief: American Software Reports Preliminary Second Quarter Of Fiscal Year 2020 Results

Logility Supply Chain Solutions

21/11/2019 21:13

Nov 21 (Reuters) - American Software Inc  AMSWA.O :
    * AMERICAN SOFTWARE REPORTS PRELIMINARY SECOND QUARTER OF
FISCAL
YEAR 2020 RESULTS
    * Q2 GAAP EARNINGS PER SHARE $0.05
    * Q2 REVENUE ROSE 1 PERCENT TO $28.2 MILLION
    * Q2 ADJUSTED EARNINGS PER SHARE $0.08
    * AMERICAN SOFTWARE - PRELIMINARY SUBSCRIPTION FEES WERE
$5.5
MILLION FOR QUARTER ENDED OCTOBER 31, A 64% INCREASE VERSUS $3.3
MILLION FOR SAME PERIOD LAST YEAR
    * PRELIMINARY CLOUD SERVICES ANNUAL CONTRACT VALUE INCREASED
APPROXIMATELY 55% TO $22.4 MILLION AS OF QUARTER ENDED OCTOBER
31

Source text for Eikon:  ID:nBw1ZCX1ga 
Further company coverage:  AMSWA.O 

 ((Reuters.Briefs@thomsonreuters.com;))