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Stock impact report

American Software Reports Preliminary Second Quarter of Fiscal Year 2019 Results

American Software, Inc. - Class A (AMSWA) 
Last american software, inc. - class a earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: amsoftware.com/investor-relations
Company Research Source: Business Wire
Subscription Fees Increase 64% for the Quarter and Cloud Services Annual Contract Value Increases 46% ATLANTA--(BUSINESS WIRE)-- American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the second quarter for fiscal year 2019. Key Second quarter financial highlights: Subscription fees were $3.3 million for the quarter ended October 31, 2018, a 64% increase compared to $2.0 million for the same period last year, while Software license revenues were $2.0 million, an 18% decrease compared to $2.4 million for the same period last year, reflecting our continued transition to the SaaS engagement model. Cloud Services Annual Contract Value (ACV) increased approximately 46% to $14.5 million as of the quarter ended October 31, 2018 compared to $9.9 million as of the same period of the prior year. Total revenues Show less Read more
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