ATLANTA (AP) — ATLANTA (AP) — American Software Inc. (AMSWA) reported fiscal second-quarter earnings of $2.4 million on Thursday.
On a per-share basis, the Atlanta-based company said it had earnings of 7 cents. Earnings, adjusted for one-time gains and costs, amounted to 8 cents per share.
The business software provider posted revenue of $25.7 million in the period.
American Software expects full-year revenue between $100 million and $104 million.
Shares of American Software are down 25% since the beginning of the year. In the final minutes of trading on Thursday, shares were trading at $11.01, down 35% in the past twelve months.
This story was generated by Automated insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access to a Zacks Stock Report on AMSWA at https://www.zacks.com/ap/AMSWA