American Software, Inc. (NASDAQ:AMSWA) is expected to report first quarter earnings results, after market close, on Wednesday 26th August 2020.
Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.04 per share from revenue of $ 28.52 million.
Looking ahead, the full year income are expected at $ 0.20 per share on the revenues of $ 118.03 million.
Previous Quarter Performance
American Software, Inc. revealed income for the fourth quarter of $ 0.02 per share, from the revenue of $ 29.27 million. The quarterly earnings declined 66.67 percent while revenues up 11.42 percent compared with the same quarter last year.
Street analysts expected American Software, Inc. to report income of $ 0.04 per share on revenue of $ 28.40 million for the fourth quarter. The bottom line results missed street analysts by $ 0.02 or 50 percent, at the same time, top line results outshined analysts by $ 0.87 million or 3.06 percent.
Stock Performance
Shares of American Software, Inc. traded low $ -0.01 or -0.06 percent on Tuesday, reaching $ 17.45 with volume of 28.40 thousand shares. The stock opened positive for the day at $ 17.48, after closing the previous day trading at $ 17.46.
According to the previous trading day, closing price of $ 17.46, representing a 92.93 % increase from the 52 week low of $ 9.05 and a 18.72 % decrease over the 52 week high of $ 21.48.
The company has a market capital of $ 566.09 million and is part of the Technology sector and Software – Application industry.
Recent Stock Dividend Announcement
On May 20, 2020, the board of directors authorized quarterly dividend of $ 0.11 per share to holders of record as of the close of business on August 14, 2020, with payment date of August 28, 2020 and ex-dividend date on August 13, 2020.
Conference Call
American Software, Inc. will be hosting a conference call at 5:00 PM eastern time on 26th August 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.amsoftware.com/investor-relations/
American Software, Inc. develops, markets, and supports a portfolio of software and services worldwide. It operates in three segments: Supply Chain Management (SCM), Information Technology Consulting (IT Consulting), and Other.
