Recap: American Software Q2 Earnings

American Software (NASDAQ:AMSWA) reported its Q2 earnings results on Thursday, November 16, 2023 at 04:05 PM. Here’s what…

American Software (NASDAQ:AMSWA) reported its Q2 earnings results on Thursday, November 16, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

American Software missed estimated earnings by 11.11%, reporting an EPS of $0.08 versus an estimate of $0.09.

Revenue was down $5.75 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 10.53% increase in the share price the next day.

Here’s a look at American Software’s past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate 0.09 0.09 0.09 0.08
EPS Actual 0.12 0.12 0.13 0.10
Revenue Estimate 29.24M 30.71M 31.15M 32.89M
Revenue Actual 29.17M 29.91M 31.01M 31.44M

To track all earnings releases for American Software visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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