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American Software, Inc. - AMSWA STOCK NEWS

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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Logility acquires Garvis to revolutionize supply chain planning with AI-driven forecasting
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American Software divests The Proven Method to focus on core supply chain planning business, aligning with commitment to AI-first solutions.
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American Software to present at Sidoti September Small Cap Conference
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Logility, a leader in supply chain planning solutions, has signed an agreement to acquire Garvis, a SaaS startup that combines large language models with AI-native demand forecasting. The acquisition will enable a new supply chain planning paradigm with DemandAI+, a solution that digitizes supply chain relationships and provides real-time answers to queries. DemandAI+ will be embedded into Logility's Digital Supply Chain Platform, improving forecast accuracy and aligning organizations in today's dynamic market.
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Logility selected as one of SupplyChainBrain's 2023 100 Great Supply Chain Partners, recognized for outstanding solutions and services
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American Software, Inc. reports Q1 financial results with 14% growth in subscription fees and adjusted EBITDA margin of 13%. Total revenues decreased by 7% due to decline in services and maintenance fee revenue. Maintenance revenues decreased by 8%. Professional services and other revenues decreased by 31%. Operating earnings were $1.6 million. GAAP net earnings were $2.8 million. Adjusted net earnings were $4.2 million. EBITDA was $2.3 million. Adjusted EBITDA was $3.9 million. Notable new and existing customers include Canada Goose, Hasbro, Mitsubishi Electric Trane HVAC, Niagara Bottling, Pharmacare, Terex, and Under Armour. The company introduced new functionality to advance SaaS capabilities and completed SOC 2 Type II audit. The company plans to repurchase shares and undertake strategic actions to create value for shareholders.
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American Software, Inc. declares quarterly dividend of $.11 per share.
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American Software, Inc. (AMSWA) will release its First Quarter Fiscal Year 2024 preliminary financial results after the U.S. financial markets close on Thursday, August 24, 2023. The company will host a conference call at 5:00 pm ET to discuss its results with the investment community. The innovative AI-powered supply chain planning platform offered by its operating entity, Logility, aims to enable resiliency and accelerate digital supply chain transformation.
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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
Link
United States of America
ATLANTA