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
Logility, a leader in prescriptive supply chain planning solutions, announced the extension of its Manufacturing Optimization solution. The advanced scheduling capabilities, including Synchronous Scheduling and Flexible Scripts, aim to maximize production efficiencies and meet diverse scheduling needs in various industries. The solution leverages Industry 4.0 technologies like AI, ML, and automation to continuously update activity in digital supply chains, providing real-time visibility and collaboration tools. Logility's Manufacturing Optimization solution offers advanced scheduling algorithms, configurable environment, and collaboration tools to optimize production schedules.
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Rhea-AI Sentiment
End-of-Day
2.47%
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Rhea-AI Summary
AMSWA: American Software, Inc. Declares Quarterly Dividend of $.11 per Share
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Rhea-AI Sentiment
End-of-Day
-3.6%
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Rhea-AI Summary
American Software, Inc. (NASDAQ: AMSWA) reported an 8% growth in subscription fees and an adjusted EBITDA margin of 16% of revenue from Continuing Operations in Q2. Total revenues decreased by 6% to $25.7 million, mainly due to a decline in services and maintenance fee revenue. Recurring revenue streams for Maintenance and Cloud Subscriptions accounted for 84% of total revenues. Operating earnings decreased to $1.2 million from $2.6 million, and GAAP net earnings from continuing operations were $0.6 million. Adjusted net earnings from continuing operations were $2.9 million. Subscription fees for the six months ended October 31, 2023, increased by 11% to $27.1 million. Total revenues for the same period decreased by 5% to $51.6 million. Recurring revenue streams accounted for 84% and 78% of total revenues for the six-month periods ended October 31, 2023 and 2022, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.02%
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American Software, Inc. (NASDAQ: AMSWA) announced the divestment of its Transportation Rating Solutions (‘TRS') business to focus on their core supply chain planning business. Logility, Inc., the operating entity of American Software, will continue to expand their AI-first supply chain management platform, leveraging Generative AI, advanced AI-driven algorithms, machine learning, and predictive analytics. The divestment aligns with American Software’s commitment to AI-first supply chain technology solutions and reflects the significant transformation in supply chain planning driven by technology advancements, workforce shifts, and market changes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
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Rhea-AI Summary
Logility, Inc. to Showcase AI-Powered Planning at 2023 Gartner Supply Chain Planning Summit in Phoenix, Arizona. The event will feature Scott Tillman, Senior Vice President of Innovation, presenting 'The New Era of AI-Powered Supply Chain Decisions' highlighting AI-first forecasting and inventory optimization. Logility offers powerful insights into the impact of changing forecast components like promotions, product introductions, and external demand drivers.
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Rhea-AI Sentiment
End-of-Day
-1.61%
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Rhea-AI Summary
American Software, Inc. (NASDAQ: AMSWA) will release its Second Quarter Fiscal Year 2024 preliminary financial results on November 16, 2023. The company's operating entity Logility offers an AI-powered supply chain planning platform. A conference call will be held at 5:00 pm ET to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
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Logility, Inc. will showcase their latest developments for optimizing supply chain performance at the 2023 Gartner Supply Chain Planning Summit in London. They will highlight their AI-driven solutions, DemandAI+ and InventoryAI+, which provide real-time insights, predictive analytics, and enhanced user experience for supply chain professionals. Logility aims to help businesses gain new insights, meet objectives, and drive financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.78%
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Logility, Inc. announces InventoryAI+, a new offering that optimizes inventory with advanced AI and machine learning to lower costs and improve service.
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Rhea-AI Sentiment
End-of-Day
0.26%
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American Software, Inc. has entered into a Rule 10b5-1 trading plan to facilitate stock buybacks under an existing share repurchase program. There are 946,321 shares available for repurchase. The actual timing, number, and value of the shares repurchased will depend on market conditions.
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Rhea-AI Sentiment
End-of-Day
-1.2%
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Rebecca Springett of Croda and Rita Fisher of Reynolds win Supply & Demand Chain Executive's 2023 Women in Supply Chain Award.
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Rhea-AI Sentiment
End-of-Day
-1.2%
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American Software, Inc.
Nasdaq:AMSWA
AMSWA Rankings
AMSWA Stock Data
347.15M
30.97M
1.24%
71.91%
0.94%
Software Publishers
Information
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