American Software, Inc. - AMSWA STOCK NEWS

Demand Management, Inc. has been awarded the Top Supply Chain Projects Award for 2021 by Supply & Demand Chain Executive for their innovative digital supply chain solutions. This recognition highlights their role in transforming supply chain functions amid recent disruptions. The award marks the ninth time Demand Management has received this honor, emphasizing their resilience and commitment to excellence. Their software-as-a-service platform aids businesses in navigating challenges and optimizing processes across various aspects of supply chain management, enabling improved customer service and reduced costs.

Logility announced its partnership with Clarkston Consulting to enhance digital supply chain transformation. This collaboration aims to leverage both companies' expertise in consumer products, food and beverage, and life sciences industries. The partnership seeks to address significant supply chain challenges amid increasing customer expectations and a complex global network. Logility's innovative platform, utilizing AI and analytics, will help businesses optimize supply chain operations and respond effectively to market dynamics. The relationship is expected to accelerate strategic supply chain investments for mutual clients.

American Software, Inc. (NASDAQ: AMSWA) reported preliminary financial results for Q4 and FY 2021. Key highlights include a 28% increase in subscription fees to $8.1 million and a 15% rise in software license revenues to $1.2 million. Despite a 2% decline in total revenues to $28.6 million, recurring revenues reached 60% of the total. GAAP net earnings surged 460% to $3.1 million, or $0.09 per share. For FY 2021, subscription fees rose 31% to $28.9 million, while total revenues fell 4% to $111.4 million.

American Software, Inc. (NASDAQ: AMSWA) has declared a quarterly dividend of $.11 per share for its Class A and Class B shareholders. The dividend will be paid to those on record as of August 13, 2021, with a payment date set for on or about August 27, 2021.

The company, based in Atlanta, specializes in AI-powered supply chain management and retail planning solutions, benefiting numerous large enterprises across various industries.

Logility has announced a strategic partnership with Tata Technologies to enhance supply chain solutions amidst ongoing disruptions. This collaboration aims to improve digital transformation in the manufacturing sector by integrating Logility's advanced technologies with Tata's engineering expertise. The partnership focuses on helping businesses achieve agility and resilience in their supply chain operations. Logility's platform utilizes AI and analytics to optimize various planning processes, benefiting manufacturers in sectors like automotive and aerospace. This partnership is set to strengthen both companies' positions in the market.

American Software, Inc. (NASDAQ: AMSWA) has announced that CEO Allan Dow and CFO Vincent Klinges will present at the William Blair 41st Annual Growth Stock Conference on June 2, 2021, at 4:40 pm ET. The presentation will be available via live webcast on their official website, where it will also be archived for a limited time. American Software offers AI-powered solutions for supply chain management and retail planning, recognized for their customer service and ROI. Key clients include Big Lots and Husqvarna Group.

American Software, Inc. (NASDAQ: AMSWA) will release its fourth quarter and fiscal year 2021 financial results on June 8, 2021, after U.S. market close. A conference call to discuss these results will be held at 5:00 pm ET on the same day, accessible via the investor relations page on the company’s website. The firm specializes in AI-powered supply chain management and retail planning solutions, serving notable clients like Big Lots and Siemens Healthcare. This financial disclosure is critical for investors tracking AMSWA's performance and future outlook.