American Software, Inc. - AMSWA STOCK NEWS

Logility, a leader in supply chain innovation, has welcomed Next Level Apparel (NLA) to its customer base. NLA, a major U.S. wholesale producer of blank apparel, will modernize its demand and inventory management using Logility's Digital Supply Chain Platform. This platform will help NLA optimize inventory, accommodate fluctuating consumer behaviors, and respond to market demands, enhancing overall efficiency. The integration with Microsoft Dynamics ERP aims to synchronize activities and improve accuracy in supply chain operations.

Logility, a leader in supply chain innovation, has welcomed Next Level Apparel to its customer community. The apparel leader has adopted Logility's Digital Supply Chain Platform to enhance its demand and inventory planning. This transition aims to optimize inventory, respond to fluctuating consumer behavior, and capitalize on spontaneous product demand, especially post-pandemic. The integration with Microsoft Dynamics ERP has significantly improved efficiency and accuracy in supply chain operations. Both companies anticipate enhanced effectiveness through this digital transformation.

American Software, Inc. (NASDAQ: AMSWA) announced CEO Allan Dow will present at the 2022 Virtual Growth Conference, hosted by M-Vest and Maxim Group LLC, on March 28th - 30th, from 9:00 a.m. - 5:00 p.m. EDT. The conference will include a variety of sectors such as Biotech, Clean Energy, and Technology, featuring presentations, fireside chats, and live Q&A sessions. Interested attendees can register through M-Vest. For more details about American Software, visit www.amsoftware.com.

Logility announces that stichd, a Netherlands-based product licensing company and division of PUMA, will implement its Digital Supply Chain Platform to enhance product availability and streamline operations. The platform utilizes AI and machine learning for better decision-making and supply chain visibility, addressing increasing demand volatility as stichd expands both in-store and online.

Logility’s solutions promise improved planning and operational performance, assisting stichd in managing its growth strategy effectively.

Logility, Inc. has announced the release of its 21.03 software update, designed to enhance supply chain planning capabilities. Key features include global supply chain network maps for improved transparency and new Product Lifecycle Management (PLM) dashboards for better performance analysis. The update aims to streamline processes, reduce inefficiencies, and support sustainability initiatives. Enhanced manufacturing planning and multi-step routing capabilities also feature in this release, providing deeper insights into the supply chain ecosystem.

American Software (NASDAQ: AMSWA) reported a 17% year-over-year revenue growth for Q3 FY2022, totaling $32.4 million, driven by a 45% increase in subscription fees to $10.9 million. Software license revenues surged 87% to $1.0 million. The Cloud Services Annual Contract Value rose 43% to $45.3 million. Operating earnings climbed 246% to $3.2 million, while net earnings increased 27% to $2.9 million, or $0.09 per diluted share. Cash and investments reached approximately $114.8 million, reflecting robust financial health. The company anticipates continued growth into FY2023.

American Software, Inc. (NASDAQ: AMSWA) declared a quarterly dividend of $.11 per share, payable to Class A and Class B shareholders of record by May 6, 2022. The payment date is set for on or about May 20, 2022.

American Software provides AI-powered solutions for supply chain management, enhancing digital optimization from product concept to customer availability. Its services cater to various large enterprises, ensuring competitive advantages through improved supply chain operations.

Logility, Inc., a leader in supply chain innovation, announced that its president, Allan Dow, has been recognized as a Food Logistics 2022 Rock Star of the Supply Chain. This award acknowledges influential leaders who have significantly impacted the global cold food supply chain. Dow emphasized his team's dedication to building resilient supply chains for food and beverage companies. Logility utilizes advanced analytics and AI to enhance supply chain operations for clients, including major brands like Big Lots and Husqvarna Group.

American Software, Inc. (NASDAQ: AMSWA) will release its Third Quarter Fiscal Year 2022 financial results after the U.S. markets close on February 23, 2022. A conference call to discuss these results will be held at 5:00 pm ET, with a live webcast available on the company's investor relations page. American Software specializes in AI-powered supply chain management solutions, providing clients with tools to enhance operational efficiency and return on investment.