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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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American Software reports Q4 financial results, with subscription fee growth of 18% and adjusted EBITDA margin of 14%. Total revenues decreased 14% due to decline in services and license fee revenue. Recurring revenue streams for Maintenance and Cloud Subscriptions increased to 71% of total revenues. Operating earnings and GAAP net earnings decreased compared to the same period last year. Company announces notable new and existing customers. Fiscal year 2023 financial highlights show an increase in subscription fees and a decrease in total revenues. The company's financial outlook for fiscal year 2024 is provided.
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Logility has announced that executives Allan Dow and Marti Kirsch are recipients of the 2023 Pros to Know award, recognized for their contributions to supply chain management. The award highlights leaders who help clients navigate supply chain challenges. Dow's team has focused on network optimization and traceability, acquiring Starboard Solutions to enhance their capabilities. Kirsch has improved organizational structure and supply chain education. This recognition underscores Logility's commitment to supporting clients amidst economic uncertainty and fostering sustainable supply chains.

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American Software, Inc. (NASDAQ: AMSWA), a pioneer in AI-driven supply chain management, announced that CEO Allan Dow and CFO Vincent Klinges will present at the Sidoti Small-Cap Conference on March 22, 2023 at 1:00 pm ET. The virtual presentation will be accessible via a live webcast and archived on the company's website. Based in Atlanta, American Software enhances digital supply chain transformations through its Logility Digital Supply Chain Platform, featuring tools for demand and inventory planning, supply chain visibility, and more. The company serves notable clients including Big Lots and Spanx, emphasizing its commitment to innovation in supply chain solutions.

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American Software, Inc. (NASDAQ: AMSWA) has announced the appointment of Nicole Wu to its Board of Directors as a Class A Director. Currently serving as Chief Financial Officer at PDI Technologies since 2019, Wu brings extensive experience in finance and M&A, having previously held CFO positions at eVestments and various executive roles at General Electric. Her expertise in financial strategy and audit best practices is expected to enhance the board's effectiveness in navigating SaaS business challenges. Wu's addition brings the total number of board members to eight, signaling a commitment to strong leadership as the company continues to grow.

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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