The earnings announcement of American Software, Inc. (NASDAQ: AMSWA) was made available to investors after the closing bell, shedding light on the company's performance in the first quarter.
The market is abuzz with the news that the top line and bottom line have surpassed market forecasts.
The establishment closed the quarter with a Non-GAAP income of $0.12 per share, outshined the wall street anticipated $0.08 profit per share by $0.04.
Meanwhile, the revenues for the quarter amounting to $26.19 million, outshined market forecasted $25.27 million by $0.927 million.
When looking at the similar quarter of preceding year revenues contracted 10.2 percent.
Looking ahead at financial projections The company has outlined financial year 2025 revenue milestone in the range of $104.00 to $108.00 million. In contrast financial experts on Wall Street predict from revenues of $104.87 million
| Period | Type | Company Outlook |
Analysts Estimate |
Company Vs.* Analysts |
|---|---|---|---|---|
| FY 2025 | REV | $104 M~$108 M | $105 M | 1.1% |
;
*Based on the mid-point
American Software (AMSWA) experienced a trading range of $10.18 to $10.38, along with a total volume of 223.70 thousand shares during the day. The stock concluded the regular trading session at $10.26, reflecting downfall of 0.48 percent.
