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American Software, Inc. - $AMSWA STOCK NEWS

Welcome to our dedicated page for American Software news (Ticker: $AMSWA), a resource for investors and traders seeking the latest updates and insights on American Software stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Software's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Software's position in the market.

Rhea-AI Summary

American Software (NASDAQ: AMSWA), a leading provider of AI-driven supply chain planning software, announced its participation in the Sidoti Small Cap Conference. CEO Allan Dow and CFO Vincent Klinges will present virtually on June 12, 2024, at 10:45 am ET. The presentation will be webcast live and archived on the company's website for a time.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.06%
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conferences
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Rhea-AI Summary

American Software (NASDAQ: AMSWA) reported its fiscal year 2024 and Q4 financial results, highlighting an 8% and 10% growth in subscription fees for Q4 and the fiscal year, respectively. The company divested non-core assets and launched new AI-first supply chain solutions. However, total Q4 revenues decreased by 5% to $25.4 million due to declines in license, services, and maintenance fees. Fiscal year 2024 total revenues also fell by 5% to $102.5 million. Adjusted EBITDA for Q4 and fiscal year 2024 dropped by 28% and 18%, respectively. Despite these declines, adjusted net earnings rose by 15% to $17 million. The company projects total revenues of $104-$108 million for fiscal year 2025, with recurring revenues of $87-$89 million. Key clients and technological advancements were also highlighted.

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Rhea-AI Sentiment
End-of-Day
-10.84%
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Rhea-AI Summary

American Software's Board of Directors has declared a quarterly cash dividend of $0.11 per share. The dividend will be payable to shareholders of record as of August 16, 2024, and is scheduled to be disbursed around August 30, 2024. This announcement is reflective of the company's ongoing commitment to delivering shareholder value.

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Rhea-AI Sentiment
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-1.45%
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dividends
Rhea-AI Summary

American Software (NASDAQ: AMSWA), a leader in AI-powered supply chain planning software, announced its participation in the 24th Annual B. Riley Securities Institutional Investor Conference.

CEO Allan Dow and CFO Vincent Klinges will attend the event scheduled for May 23, 2024.

The format includes a fireside chat and one-on-one meetings, with Dow participating in the 'AI in Tech and FinTech Space' panel.

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Rhea-AI Sentiment
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0.58%
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conferences
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Rhea-AI Summary

American Software (NASDAQ: AMSWA), a leader in AI-powered supply chain planning, will announce its Fourth Quarter and Fiscal Year 2024 preliminary financial results on June 6, 2024, after U.S. markets close. The results will be discussed during a conference call at 5:00 pm ET that day, available via a live webcast and replay on the company's investor relations page.

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-0.5%
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Rhea-AI Summary

Logility expands its generative AI capabilities across its Digital Supply Chain Platform, collaborating with Deloitte Canada to address supply chain planning challenges. The integration of GenAI allows planners to focus on high-value activities and executives to make strategic decisions confidently in seconds. Logility's AI-first approach with GenAI empowers businesses to make timely, data-driven decisions.

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AI
Rhea-AI Summary

Logility, Inc. has been recognized by Gartner® as a Leader in the 2024 Magic Quadrant™ for Supply Chain Planning Solutions. The Logility Digital Supply Chain Platform offers an AI-first approach to supply chain planning, empowering organizations with agility and precision. The platform enables businesses to proactively anticipate demand fluctuations, optimize inventory levels, and enhance overall supply chain resilience through narrow AI, generative AI, and predictive analytics. Logility delivers value through AI-first insights, profitable supply chain optimization, and superior visibility.

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-0.98%
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none
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Rhea-AI Summary
Logility, Inc. introduces the Decision Command Center, aimed at enhancing supply chain decision-making through data-driven insights. The platform offers a holistic approach to supply chain processes by leveraging data and intelligence to drive value creation and better resource utilization. Supply chain leaders can now make faster, higher quality decisions, leading to improved efficiency and value creation.
Rhea-AI Impact
Rhea-AI Sentiment
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-1.33%
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Rhea-AI Summary
Logility, Inc. introduces dynamic inventory modeling capabilities to its cloud-based Logility® Digital Supply Chain Platform, leveraging AI and ML for optimized network configuration and inventory management. This innovative solution aims to reduce inventory costs and enhance supply chain performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
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AI
Rhea-AI Summary
American Software, Inc. (AMSWA) announces a planned reclassification to simplify its equity capital structure and enhance corporate governance. The agreement with the Class B Shareholder aims to eliminate Class B Common Stock, exchanging it for 1.2 shares of Class A Common Stock. This move aligns voting rights with economic interests, enhancing shareholder value and corporate appeal. The Reclassification Transaction is subject to shareholder approval at the 2024 Annual Meeting.
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End-of-Day
-0.91%
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American Software, Inc.

Nasdaq:AMSWA

AMSWA Rankings

AMSWA Stock Data

310.94M
30.97M
1.24%
71.91%
0.94%
Software Publishers
Information
Link
United States of America
ATLANTA

About AMSWA

about us headquartered in atlanta, american software (nasdaq: amswa) provides demand-driven supply chain management and enterprise software solutions backed by more than 40 years of industry experience that drive value for companies regardless of market conditions. american software, inc. (american software) develops, markets and supports a portfolio of software and services that deliver enterprise management and collaborative supply chain solutions to the global marketplace. the company’s software and services are designed to bring business value to enterprises by supporting their operations over intranets, extranets, client/servers or the internet. it provides software solutions through three business segments, which are broken down into four product and service groups. the three business segments include supply chain management (scm), enterprise resource planning (erp) and information technology (it) consulting. our mission to create long-term, sustainable value for customers and sh