Welcome to our dedicated page for American Software news (Ticker: AMSWA), a resource for investors and traders seeking the latest updates and insights on American Software stock.
American Software Inc develops enterprise management and supply chain-related software and services. Its software and services bring business value to companies by supporting their operations over cloud-based Internet-architected solutions. The company's operating segments include Supply Chain Management (SCM); Information Technology Consulting (IT Consulting) and Others. It generates maximum revenue from the Supply Chain Management segment. SCM segment provides collaborative supply chain solutions to streamline and optimize the production, distribution, and management of products between trading partners. Its solutions consist of global sourcing, workflow management, customer service applications, and ERP solutions.
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American Software, Inc. (AMSWA) co-founder and Executive Chairman, James C. Edenfield, steps down after 50 years of leadership. The Board appoints James B. Miller, Jr. as Chair. Edenfield will continue as an advisor. The company's corporate structure review is ongoing.
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Logility, Inc. announces the recognition of Diane Ngabire, Allan Dow, and Suresh Babu as Food Logistics 2024 Rock Stars of the Supply Chain. Suresh Babu from Great Lakes Cheese wins the Lifetime Achievement award for his exceptional supply chain leadership. Ngabire is honored as a Rising Star for her impactful business development strategies at Logility. Allan Dow, Logility's president, receives the Lifetime Achievement award for his transformative leadership in supply chain planning.
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American Software, Inc. (AMSWA) will release its Third Quarter Fiscal Year 2024 preliminary financial results on February 22, 2024, after the U.S. financial markets close. The company's operating entity Logility offers an AI-powered supply chain planning platform that supports digital supply chain transformation. A conference call with the investment community will be held at 5:00 pm ET on the same day, with a live webcast and replay available on the company's investor relations page.
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Logility, Inc. has announced the launch of GenAI, a generative AI solution that aims to revolutionize supply chain management. The new offering is designed to provide actionable insights and improve productivity by leveraging AI capabilities to help enterprises make faster decisions and remove decision latency. Logility's GenAI acts as a liaison that bridges departmental silos and is set to accelerate supply chain decision making, providing clients with real-time insights and increased market share.
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Logility, Inc. introduces new functionality to its cloud-based Logility Digital Supply Chain Platform, aimed at improving visibility into vendor and supplier relationships. The new features focus on corporate responsibility, traceability, and vendor management software applications, benefiting retail and apparel companies.
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American Software, Inc. (AMSWA) has announced that certain 2023 distributions are classified as return of capital (non-dividend) distributions, impacting shareholders' tax basis. The company has provided Form 8937 on its website to aid investors in tax reporting. Shareholders are advised to seek guidance from their tax advisors regarding the impact on their 2023 taxes.
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American Software, Inc. (AMSWA) will be presenting at the 26th Annual Needham Growth Conference on Friday, January 19, 2024, at 11:00 am ET. The presentation will be virtual and accessible via webcast. CEO Allan Dow and CFO Vincent Klinges will be representing the company. A replay of the presentation will be available on the company's website for a limited time.
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Logility, Inc. (LOGI) Announces Enhanced AI/ML Capabilities to Digital Supply Chain Platform
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American Software, Inc. (NASDAQ: AMSWA) filed a Form 10-K/A and Form 10-Q/A related to a material weakness in its internal control over financial reporting. The company identified an error resulting in an immaterial understatement of expenses and liabilities after divesting The Proven Method. The error did not result in a material misstatement of financial statements. The outside auditor's opinion on the effectiveness of internal control over financial reporting should not be relied upon. The company has initiated a process to update its reconciliation control policy and expects full remediation before April 30, 2024.
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Logility, a leader in prescriptive supply chain planning solutions, announced the extension of its Manufacturing Optimization solution. The advanced scheduling capabilities, including Synchronous Scheduling and Flexible Scripts, aim to maximize production efficiencies and meet diverse scheduling needs in various industries. The solution leverages Industry 4.0 technologies like AI, ML, and automation to continuously update activity in digital supply chains, providing real-time visibility and collaboration tools. Logility's Manufacturing Optimization solution offers advanced scheduling algorithms, configurable environment, and collaboration tools to optimize production schedules.
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FAQ
What is the current stock price of American Software (AMSWA)?
The current stock price of American Software (AMSWA) is $10.95 as of October 2, 2024.
What is the market cap of American Software (AMSWA)?
The market cap of American Software (AMSWA) is approximately 388.5M.
What does American Software Inc do?
American Software Inc develops enterprise management and supply chain-related software and services.
How does American Software Inc bring value to companies?
American Software Inc brings business value to companies by supporting their operations over cloud-based Internet-architected solutions.
What are the operating segments of American Software Inc?
The operating segments of American Software Inc include Supply Chain Management (SCM); Information Technology Consulting (IT Consulting) and Others.
From which segment does American Software Inc generate maximum revenue?
American Software Inc generates maximum revenue from the Supply Chain Management segment.
What solutions does the SCM segment of American Software Inc provide?
The SCM segment provides collaborative supply chain solutions to streamline and optimize the production, distribution, and management of products between trading partners.
What are the key features of the solutions provided by American Software Inc?
The key features include global sourcing, workflow management, customer service applications, and ERP solutions.
How long has American Software Inc been in the industry?
American Software Inc has more than 40 years of industry experience.
Where is American Software Inc headquartered?
American Software Inc is headquartered in Atlanta.
What is the mission of American Software Inc?
The mission of American Software Inc is to create long-term, sustainable value for customers.
What are the business segments of American Software Inc?
The three business segments include Supply Chain Management (SCM), Enterprise Resource Planning (ERP), and Information Technology (IT) Consulting.
American Software, Inc.
Nasdaq:AMSWA
AMSWA Rankings
AMSWA Stock Data
388.51M
33.66M
2.34%
68.57%
1.16%
Software - Application
Services-prepackaged Software
United States of America
ATLANTA