American Software, Inc. (NASDAQ:AMSWA) is reporting second quarter financial results on Thursday 19th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, AMSWA is expected to report 2Q21 income of $ 0.04 per share from revenue of $ 27.93 million.
For the full year, analysts anticipate top line of $ 112.94 million, while looking forward to income of $ 0.24 per share bottom line.
Previous Quarter Performance
American Software, Inc. reported income for the first quarter of $ 0.06 per share, from the revenue of $ 27.28 million. The quarterly earnings grew 50.00 percent compared with the same quarter last year. According to street consensus, AMSWA was expected to report 1Q21 income of $ 0.04 per share from revenue of $ 28.52 million. The bottom line results beat street analysts by $ 0.02 or 50.00 percent, at the same time, top line results fell short of analysts by $ 1.24 million or 4.35 percent.
Stock Performance
Shares of American Software, Inc. traded up $ 0.29 or 1.71 percent on Wednesday, reaching $ 16.97 with volume of 107.80 thousand shares. American Software, Inc. has traded high as $ 17.11 and has cracked $ 16.68 on the downward trend
According to the previous trading day, closing price of $ 16.97, representing a 84.31 % increase from the 52 week low of $ 9.05 and a 22.35 % decrease over the 52 week high of $ 21.48.
The company has a market capital of $ 551.03 million and is part of the Technology sector and Software – Application industry.
Conference Call
American Software, Inc. will be hosting a conference call at 5:00 PM eastern time on 19th November 2020, to discuss its 2Q21 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
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.
