American Software, Inc. - AMSWA STOCK NEWS

Logility, Inc. has partnered with PwC to enhance its supply chain technology and services in Brazil. This collaboration aims to strengthen Logility's market presence through its Digital Supply Chain Platform, the only one that scales according to varying business needs. Logility's platform assists organizations at all maturity levels in improving efficiency, aligning with demand, and reducing costs while increasing service levels. The partnership is expected to drive growth and leverage innovative planning solutions for better operational performance.

American Software, Inc. (NASDAQ: AMSWA) announced that CEO Allan Dow and CFO Vincent Klinges will present at the Jefferies Virtual Software Conference on September 14, 2021, at 5:30 pm ET. Investors can access the live webcast on the company’s website. American Software is known for its AI-powered supply chain management and advanced retail planning platforms, helping businesses optimize their operations. Key clients include Big Lots, Husqvarna Group, and Siemens Healthcare. For more details, visit amsoftware.com/investor-relations.

American Software, Inc. (NASDAQ: AMSWA) reported strong preliminary financial results for Q1 FY2022. Subscription fees soared by 54% to $9.8 million, while total revenues rose by 7% to $29.3 million. Cloud Services Annual Contract Value (ACV) jumped 49% to $40.9 million. GAAP net earnings increased by 45% to $2.9 million or $0.09 per share, bolstered by a robust cash position of $108.1 million and no debt. CEO Allan Dow highlighted a 63% growth in Remaining Performance Obligations (RPO), indicating strong demand for cloud-based solutions.

Logility has partnered with Körber to provide customers enhanced access to warehouse and transportation management solutions. This collaboration aims to optimize supply chains during uncertain times, adding significant value through improved demand planning and transparency. Both companies’ solutions will support unique supply chains, potentially increasing revenue and operating efficiency. Logility’s SaaS-based platform leverages AI for better decision-making and operational performance, and this merger represents an important step in their commitment to supply chain resilience.

American Software, Inc. (NASDAQ: AMSWA) has declared a quarterly dividend of $.11 per share. This dividend is payable to Class A and Class B shareholders of record as of November 19, 2021, with a payment date set for on or about December 3, 2021. The company specializes in AI-driven supply chain management and advanced retail planning, serving industry leaders like Big Lots and Siemens Healthcare. The innovative platform enhances operational efficiency, aiming to optimize supply chains from product concept to availability.

American Software, Inc. (NASDAQ: AMSWA) will announce its First Quarter Fiscal Year 2022 financial results on August 25, 2021, post-market close. A subsequent conference call is scheduled for the same day at 5:00 pm ET, available via their investor relations page. The company leverages AI for supply chain management and retail planning, serving notable clients like Big Lots and Siemens Healthcare. The results will provide key insights into the company’s financial performance and operational efficiency in the market.

Logility, Inc. is set to host a free webinar titled Collaboration, Intelligence and Connection: Going Beyond ERP to Maximize Supply Chain Value on June 23 at 11 a.m. EDT. The session will feature experts discussing ERP limitations and the need for enhanced collaboration and technology in supply chains, especially in the post-pandemic landscape. Key speakers include Angie Taylor from Plastic Packaging Technologies and Joshua Greenbaum from EAC. Attendees can register here.